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How the Future Collects

Is Your HOA or Condo Board Doing A Good Job?

Is Your HOA or Condo Board Doing A Good Job?

By Guest Poster / 23 January, 2023

The truth is, most Board members are honest people that meant well when they campaigned for election and mean well when they attend and vote in each meeting. They have reasons for making the unpopular decision that the residents complain about. Oftentimes those reasons are valid and the unpopular decision was actually the lesser of two evils. But, how do you know for sure?

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Collections 101 Statue

Collections 101: The statute of limitations and community association assessments

By Mitch Drimmer / 9 January, 2023

The length of time allowed under a statute of limitations varies depending upon the jurisdiction it is being disputed. So, where the statute of limitations in your state may be six years, it could be four years in another state.

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hero Fraud in your HOA

Fraud In Your HOA: What to Watch Out For

By Mitch Drimmer / 12 December, 2022

In November 2022, Hammocks Homeowners Association, a large master community in Miami-Dade County noticed that their annual dues increased by 400%. Instead of paying, the owners filed a lawsuit. Investigators found that current and past members of the Board of Directors used the HOA as a front for criminal activity.

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HOA Collections Spend Less Collect More

HOA Collections Done Right: Spend Less, Collect More

By Mitch Drimmer / 29 November, 2022

Community association delinquency is a scourge every HOA has to deal with. When it comes time to begin the HOA collections process, consider this trick to spend less and collect more.

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The Truth About Foreclosure

The Truth About HOA Bank Foreclosure

By Mitch Drimmer / 11 November, 2022

If you believe you will get everything your community association is owed after foreclosure, you have been misled. Get the real truth about HOA Bank Foreclosure here.

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HOA Foreclosure to Rent

The 5 Stages of Grief: HOA Foreclosure-to-Rent

By Mitch Drimmer / 31 October, 2022

Communities have a lot of options when dealing with delinquencies. Here are the hidden downsides to HOA foreclosure-to-rent.

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Special Assessments

The Real Risks of Repeat Special Assessments in Your HOA

By Mitch Drimmer / 13 October, 2022

Special assessments should be exactly that–special. But many boards make the mistake of relying on them for standard funding. Here’s why that’s a problem.

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HOA Payment Plan

HOA Payment Plan Provisions to Protect Your Community

By Mitch Drimmer / 20 September, 2022

HOA delinquencies end in foreclosure too often. An HOA payment plan is an ethical option that can help communities get every penny they’re owed.

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The Infinite Game in Condo Governance

The Infinite Game in Condo Governance

By Mitch Drimmer / 8 September, 2022

Some games are finite, timed and measured. Other are infinite, unending. Condo governance is an infinite game, but too many play it like there’s a score to be kept.

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3 Court Cases That Shaped Condo Debt Collection

3 Court Cases That Shaped the Way Your Association Pursues Condo Debt Collection

By Mitch Drimmer / 19 August, 2022

Condominium associations are subject to a wide variety of laws and doctrines. When it comes to condo debt collection, it can help to know the cases that put those restrictions in place. Here are three of the big ones.

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What is a Condition Precedent

Community Association Collections 101: What Is a Condition Precedent?

By Mitch Drimmer / 4 August, 2022

Before you can begin the HOA debt collection process, you’ll have to meet the condition precedents for collecting. But what does that actually mean? We’ll break it down.

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How Does an HOA Collections Company Really Work?

How Does an HOA Collections Company Really Work?

By Mitch Drimmer / 26 July, 2022

Life is full of mysteries. The way an HOA collections company works doesn’t have to be one of them. Here are the ins and outs of industry-specific collections for HOAs and condos.

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predatory HOA collections

Signs You’re In an Abusive Relationship With a Predatory HOA Collections Company

By Mitch Drimmer / 15 July, 2022

The sad truth is that predatory HOA collections companies are out there. Are you stuck in a bad contract with one of them? Look for these signs.

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Patrick Director hero

Axela Technologies Names Patrick Hixson as New Director of Sales

By Luis Gonzales / 8 July, 2022

The Nation’s Leading Provider of Community Association Collections Services, Axela Technologies Teams up with the Nation’s Leading Community Association Management Collective, Innovia Co-Op.

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How To Settle a Debt with an HOA Collection Agency

How To Settle a Debt with an HOA Collection Agency

By Mitch Drimmer / 7 July, 2022

Being in debt is stressful, but somehow getting out of debt can feel even more so. Working with, not against, an HOA collection agency helps reduce that worry.

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Do Not Sell Your HOA Debt

Do Not Sell Your HOA Debt to a “So-Called” HOA Collections Entity

By Mitch Drimmer / 17 June, 2022

Communities struggling with delinquency can sometimes resort to drastic measures. Selling their HOA debt is one tactic guaranteed to do more harm than good.

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Collecting from Military Homeowners

What Not To Do When Collecting from Military Homeowners

By Mitch Drimmer / 9 June, 2022

Collecting from delinquent homeowners is never easy, but harder still is collecting from military homeowners. The SCRA explains what HOAs can and cannot do while attempting to collect from an active duty service member.

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Cost of HOA Collections

How Much Should Your Community Pay for HOA Collections?

By Mitch Drimmer / 2 June, 2022

Collecting from delinquent homeowners in your HOA or condo association can be expensive. But should it be? Exactly how much should your community be paying for HOA collections?

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Axela - After HOA Foreclosure

What Happens After an HOA Foreclosure?

By Bob Gourley / 25 May, 2022

Once a collections attorney completes an HOA foreclosure, what happens? How does the HOA or Condo Association recover delinquent funds?

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Are Outside Investors Eating Up Your HOA?

3 Ways Outside Investors Could Hurt Your HOA (And 3 Simple Solutions)

By Mitch Drimmer / 19 May, 2022

Outside investors buying into community associations can lead to increased homeowner apathy from absentee homeowners. Here’s what that can cause, and how to push back.

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Should you pay HOA Dues

What Happens When You Don’t Pay Your HOA Dues?

By Mitch Drimmer / 10 May, 2022

There are a lot of reason why it’s important to pay your condo or HOA dues. But sometimes life throws a curveball that makes managing finances difficult. Here’s what can happen if your HOA dues are the bill that goes unpaid.

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HOA Collections Agency

3 Reasons to Hire an HOA Collections Agency to Manage Your Delinquencies

By Mitch Drimmer / 26 April, 2022

Community associations don’t have a lot of options when it comes to collecting past-due assessments from delinquent homeowners. Here are 3 reasons why an HOA collections agency is the right choice for managing your delinquencies.

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Condo Deconversion

Condo Deconversion: The Good, The Bad, and the Reality

By Griffin Jordan / 15 April, 2022

Real-estate prices are reaching staggering heights and costs of building maintenance appear to be matching those numbers. Condo deconversion is the latest topic of conversation in the HOA industry. Here’s the truth about what it can mean for your condominium.

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Is your HOA ready to file a lien?

Is Your HOA Ready to File a Lien? Remember These 3 Do’s and Don’ts

By Mitch Drimmer / 7 April, 2022

HOA and condo association delinquency can be a major headache without a lot of solutions. Is your HOA ready to file a lien? If so, here are 3 do’s and don’ts to think about.

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FDCPA Regulation F

New FDCPA Regulation F: How It Impacts Your Condo/HOA

By Mitch Drimmer / 17 March, 2022

The new FDCPA Regulation F cements a new set of prohibited collection practices tooled for the modern era. Here’s what HOAs and condo associations need to know.

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