Assessments are the cornerstone of a community association. They are necessary in order to perform the functions required to operate the non-profit corporation. When owners fail to pay their assessments, community associations could face financial hardship.
At Cornerstone, we recognize that the collection of association assessments differs from other types of debt. Our debtors, unlike credit card, medical, or student loan debt, can potentially become our clients. They are members of the community and collecting against neighbors can sometimes be a difficult and uncomfortable notion for members of the association’s board. At Cornerstone, we believe that communication is key and that collections can be done respectfully.
We will work with your community association to effectively and progressively collect assessments so that we can partner with you to ensure the vitality of your association.