We recently had an article published in the May/June 2010 editions of the Community Associations Journal, published by the Washington State Community Associations Institute. The article discussed our belief that adopting, understanding, and consistently enforcing a clear collections policy can mean the difference between successfully collecting money owed to your association, or not.
Please follow the link to check out the article, entitled “Good Policies Mean Good Collections: Making the Most of Delinquent Assessments” We’d love to hear your questions or comments on this topic.
If you are an Association board member or Association manager and would like a complimentary copy of our Sample Collection Policy, please call Valerie Farris Oman at 206.633.1520. Our policy provides a good starting point for associations contemplating adopting such a policy, and can be customized to suit your association’s needs very quickly by an experienced association attorney.