Assessment Collection During Recession
Community associations have never faced the current amount of delinquent assessments and mortgage foreclosures. Unlike the federal government, an association cannot print more money. Yet, the annual budget is still calculated based on 100% participation.
Increase Revenues Without Raising Dues
Raising annual assessments is one of the most unpopular actions taken by an association board... maybe even more so during these difficult economic times. Following are five ways for an association to increase revenues without raising dues.

Rome & Goldin, P.C., Attorneys practices in the area of community association law and offers deferred payment of attorney fees for most collection services until the funds to pay for them are collected from the delinquent homeowner.

Legal Collections of Assessments

Within the practice of community association law, our firm focuses on the collection of assessments. Although our fees are incurred at the time of service, many of them are not payable by the association until the funds are collected from the delinquent homeowner. In this way, the association does not throw good money after bad. The burden for the attorney fees is effectively shifted from the homeowners who pay on time to the delinquent homeowner. We do not receive a portion of what is owed to the association for delinquent assessments, but rather, the attorney fee is added to what the delinquent homeowner owes. To see a copy of our Collection Agreement click on the appropriate State: Georgia / Florida.

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