Assessment Collections
Illinois Condo Assessment Collection Lawyers
Condominium associations across Illinois have experienced the effects of economic downturn, much like any individual, organization, or business. More important than ever is strong legal counsel needed when dealing with delinquent condo unit owners who fail to pay assessment fees for their proportional share of the common property.
At the Property Law Group, LLC, located in Chicago, our assessment collection attorneys know the frustration homeowner’s associations experience when trying to collect payment for the cost of maintenance and other associated fees for the upkeep of condominium property. Our skilled attorneys understand condominium law and diligently work to ensure the board of directors and members, who are part of the condo association, have a strict assessment collection policy on hand that is in compliance with state and federal law.
Contact the Property Law Group, LLC for all your assessment collection matters. Our attorneys understand the time sensitive constraints that must be followed to prevent mortgage foreclosure. Call our assessment collection attorneys at (773) 268-4940, to learn how we can help you.
Avoid Having to Write Off Bad Debt
Once a delinquent condo owner receives one or two notices for late assessment fees, effective legal counsel should be retained to avoid mortgage lender lawsuits and the association having to write off bad debt for uncollected assessments.
Our attorneys offer sound legal guidance in accordance with the Federal Fair Debt Collection Act and can guide condo associations around complex matters relating to collection proceedings for unknown owners and bank owned properties.
Contact Our Chicago Assessment Collection Attorneys
Contact the Property Law Group, LLC in Chicago, to learn more about how we can help you with assessment collections. Call (773) 268-4940 to schedule an informative meeting with our experienced condo association attorneys today.
