A Simple Solution ›
Over 800 Communities have selected us nationwide. We use skip tracing, a phone and letter campaign, an attorney written demand and impending credit reporting to motivate homeowners to pay delinquent HOA dues.
Using the option of credit reporting delinquent HOA dues (as a collection account) motivates homeowners, because credit reporting affects members personally.
Only a $250 one-time flat collection cost is added to a delinquent homeowner’s balance. Homeowners pay your property management firm or agent directly, and there are no out of pocket costs for your Association.
In compliance with NCAP requirements we pull-up homeowners’ dates of birth or social security numbers.
No Cost for HOA Boards ›
There are no contingency or recurring fees. A flat collection fee is added to a delinquent homeowner's balance, and we only get paid if we collect. Accounts are not assigned or pledged, so HOAs retain all rights.
Our professional salaried collection counselors take your delinquent homeowners' phone calls. Homeowner payments are monitored by an accredited CPA firm. And Associations receive 100% of their collected dues.
Click here to see a timeline of our service. Click here to read testimonials from attorneys, property managers, and Community Association Boards who are using this process. Read about one Association's success using credit reporting in this Charlotte Observer article.
A Softer Approach ›
Our collection counselors are salaried employees. This eliminates the stress and pressure associated with contingency (commission-type) collection agencies.
Our counselors are trained to help homeowners work out arrangements, so they can avoid being credit reported as a collection account to Experian, Equifax, and TransUnion.
We collect delinquent HOA dues without using liens or foreclosure; and without incurring expensive legal costs. A credit reporting based HOA collection service works best after your internal efforts stop working and before you go to your attorney.
Call now for a no-obligation online tour of our results.
Community Associations Receive 100% of their Collected Dues and your Delinquent Homeowners Pay for Our Service.
Use an HOA debt collection agency with a high HOA collections success rate (64.7%) and that complies with all HOA collection laws and HOA collection policies. Credit reporting works best after your property management company's efforts stop working, and before you go to your attorneys. If we don't collect, we don't get paid our HOA collection fee. Giving your Board the ability to credit report unpaid HOA dues is the 21st Century way to motivate homeowners and collect delinquent association assessments. Call today and ask for a sample of our HOA collection letters and learn more about our process.
Click here for information about our prepaid wholesale HOA collections option for large community associations and property management companies.
Enacted by Congress, The Federal Fair Debt Collection Practices Act (FDCPA) allows property-related debts (like association assessments and fines) to be credit reported as ”consumer debts’, and thus approves for use the credit reporting of association assessments and fines in all 50 States. The process we utilize complies with all Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and Consumer Financial Protection Bureau (CFPB) regulations and all Federal and State laws and statutes. Since all responsibility for debt collection and credit reporting compliance resides with the collection and credit reporting entity, a layer of secure protection is provided for Property Management Companies, Associations and their Board Members.
Click here for our process timeline, or to print a flyer, or read our Community Association articles. Call us at (800) 810-0015 to learn more, or to schedule a virtual tour.
Olivan Inc is an authorized agent of national collection agency NCSPlus Incorporated which operates in all 50 states. Our collection process operates as an HOA ‘dunning service’ or an HOA ‘dunning agency’ for property management companies, community associations, homeowners associations, property owners associations, and condominium associations. Our collection process complies with all FDCPA, FCRA,CFPB, and NCAP rules and regulations, as well as all State and Federal laws and statutes.