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February 19, 2017

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msmith46

Joined
Feb. 26, 2010

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"Iamconcerned" is right. This lawsuit is a lot of baloney, filed by greedy land speculators who are merely trying to line their own pockets at the expense of community associations.
The suggestion that collection agencies' fees are too high is ridiculous. The services for which these fees are charged include legal notices and legal demand letters, and if a licensed attorney were to generate the same documents, the fee would be twice as much.
Clearly the land speculators who seek to challenge the collection fees are unsympathetic to the plight of homeowner associations, and care only about the bottom line . . . their own profit. They care only about buying properties at the lowest price possible, not about an association's ability to collect dues and pay for ongoing community expenses.
In these trying times, homeowner associations are struggling to stay afloat and pay their bills, and depend upon the speedy and aggressive collection of delinquent association dues.
The companies that collect delinquent fees are professionals, and deserve to be paid well for their services. These services are not commodities that anyone can deliver, but are specialized collection services that deliver results.

(Suggest removal) 2/26/10 at 2:36 p.m.

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