Comprehensive Assessment Collection Services
Assessment revenue is the lifeblood of every community association. The funds generated by the timely payment of assessments are vital to an association’s operations and financial viability. The efficient and immediate resolution of assessment delinquencies is paramount to protecting the interests of the association and the property values of its members.
The challenges faced by associations in the modern economic climate require a collection approach that aims to secure the best outcome for the association as quickly and cost-efficiently as possible. Alterra approaches each delinquency with this in mind. Our people, processes and technology are all focused on providing a level of service and efficiency that is second to none.
Alterra’s collection services include:
- Delinquent assessment liens
- Pre-lien letters
- Non-judicial foreclosure
- Judicial foreclosure
- Lawsuits for money damages
- Payment plan creation and monitoring
- Bankruptcy review, monitoring
- Post judgment collection/enforcement
- Short-sale negotiation
- Collection policy revision