A Collections Process Like No Other
April 10, 2018
Clarity in a Complex World
In a perfect world, residents of deed-restricted communities are courteous of their neighbors, passionate about their association and pay their assessments routinely; understanding that the money they contribute benefits the community as a whole.
Unfortunately though, we do not live in a perfect world. Whether it may be financial hardship, apathy, disdain, or even resentment toward the association, some unit owners simply do not pay their assessments.
Owners that are delinquent in paying assessments place undue stress and financial pressure upon a community association. This strain is felt not only by the board, but can affect all owners within the community.
General upkeep and maintenance of properties may fall by the wayside as the board of directors struggles to uphold their budgetary restrictions.
In order to obtain the money owed from unit owners, community associations often have no choice but to explore legal channels. For a board that is already wrestling with money issues, attorneys’ fees can add another world of unnecessary hardship.
As innovators in our field, we recognize the concerns the board of directors have when attempting to collect delinquent assessments and we realize that community associations in need of collection services are often hindered by budget concerns.
Our collections process is like no other.
Under Florida law, a delinquent homeowner is responsible for payment of the attorneys’ fees and costs.
We defer billing the association for collections cases. Our collections fees are first charged to the delinquent owner, not to your association; eliminating the stress and hassle of collections.
We are dedicated to formulating the best strategies for your association - we will meet with you personally to create an ideal plan of action.
Furthermore, we enable delinquent homeowners to make payments by credit card at no additional cost to your association or the homeowner, keeping things simple and convenient.
At Larsen, our collections process is more than just innovative, it’s revolutionary!