Collections Resources

Generally, usury laws should not apply to homeowners association late fees.  However, some courts have not agreed.  Usury laws apply only to loans and homeowners association assessments are not considered loans.  However, homeowners and/or their attorneys occasionally attempt to argue that an association’s interest and late fees are usurious.  In order to fully protect anGo to Resource

Understanding what is happening with your association’s delinquent accounts at Altitude Community Law is probably one of your board’s top priorities in these tough economic times. One tool for you to use in fulfilling your fiduciary duty with respect to managing the financial assets of your association is our status report. We produce a statusGo to Resource

Nearly half of the delinquent homeowners turned over to the Altitude Community Law Collections Department either pay off their balance or enter into some sort of payment arrangement relatively quickly in the process.  For those homeowners that don’t, it becomes necessary to take the next legal step: filing a county court lawsuit. The majority ofGo to Resource

Earlier this year, the Metro Denver Economic Development Corporation (an affiliate of the Metro Denver Chamber of Commerce) presented the 2010 Economic Forecast for Metro Denver, and it was not all bad news! Briefly stated, the EDC suggested that Metro Denver has the necessary fundamentals to bounce back from this economic recession. For example, DenverGo to Resource