Florida Condo Assessment Collection Lawyers
With economic conditions not seen since the 1920's effecting Associations' throughout Florida, it is now more important than ever to be represented by counsel who are well versed in Association Collection Law. Associations need a firm who will not allow banks or other lenders to take advantage of the Association by using delay tactics when starting but not finishing their foreclosure action. When the banks don't pay their financial obligations to the Association when they take title to a unit, the law firm needs to be aggressive and go after the bank the same way they would any other unit owner. At the law office of Glazer & Sachs, P.A. we are dedicated to helping Florida condominium and homeowners' associations successfully manage their finances.
In a friendly, yet effective manner, our firm can assist with collection of assessments from delinquent unit owners and will help your Association recover the capital necessary to run its everyday affairs. Our qualified staff has helped countless Associations alleviate their delinquency problems, enabling the Board to operate without the daily stress of worrying about how the next bill will be paid.
Contact a Florida condo assessment collection attorney today to put our knowledge and experience with association law, delinquent condo fees, and finances to work for your association.
In order to accomplish your Association's goals, we first start by working with the Board of Directors to create an evenhanded collection strategy. It is important for your Association to establish criteria to be used to determine when a unit must be sent to collections, and what method of collection will be implemented.
After the strategy has been determined, it is time for us to take over. In strict accordance with the Fair Debt Collections Practices Act and Florida Statutes, we will prepare demand letters, file liens, and if necessary, file foreclosure actions. At all times in the process, we are more than willing to reach an acceptable payment plan with the unit owners, intended to benefit both the Association, who will be able to recover certain needed funds immediately, and the unit owner, who may not be able to bring their account current in one lump sum. Of course, throughout the entire process, the Board of Directors will make the ultimate decision as to settlement terms.
The legal pursuit of collections is not as easy as making a phone call or sending a letter demanding payment. There are strict guidelines that must be followed in regards to the amount of late fees, if any, that can be charged, the amount of time before a unit owner is considered delinquent, the interest rate, if any, that can be charged, and various other nuances contained in the Florida Statutes and your Declaration of Condominiums or Declaration of Covenants and Restrictions and by-laws.
While Florida law and the association's governing documents often mandate that the delinquent unit owner reimburse the association's costs and legal fees, the association must also be aware that the flipside is also true and that should the association fail to comply with Florida law and the association's governing documents when attempting to collect assessments, the association may be responsible for reimbursement to the unit owner for his or her attorney's fees and costs.
Questions or Concerns? Contact a Florida Association Dues Collection Attorney.