(850) 544-2793 info@cmgcam.com

Collection Services

Providing Collection Services Tailored for Associations

Associations rely on membership dues to fund their various expenses for the community. However, there are always a few members who are delinquent in paying their dues, which can put a strain on the association’s finances. That’s where collection services for associations come in.

These services specialize in collecting past-due membership fees and other debts owed to the association. They have the expertise and resources to pursue these debts in a professional and efficient manner, which can help the association recover lost revenue and maintain financial stability.

In addition to collecting debts, these services can also provide helpful resources and advice to help associations prevent future delinquencies. This can include tips on effective communication with members, setting up payment plans, and streamlining the membership renewal process.

Overall, collection services for associations can be a valuable tool for associations looking to maintain healthy finances and a strong membership base. By enlisting the help of a professional management company, associations can focus on their core mission and leave the debt collection process to Management.

Services include:

Mail notice of delinquency to any owner in arrears and take such reasonable action for the collection of the delinquent assessments and for late fees and interest due the Association per board policy, in accordance with the Governing Documents, State statutes, and adopted policy procedures.

Statements with detailed account history mailed and emailed each month to delinquent owners and that find themselves 30, 60, 90 days delinquent

In house processing of Notice of Late Assessments to owners in delinquency

Services include lien recording, personal litigation and foreclosure action for accounts that meet customized thresholds for time and dollar amounts