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• No Upfront Fees Or Costs—ALS advances all collection costs, recording fees, title reports, posting and publishing costs, etc.
ALS collects its fees and costs from the delinquent homeowner. In the event the homeowner loses their home to a senior lender or through bankruptcy, ALS charges the Association a $350 cancellation fee plus its hard costs for title reports, etc.
We know that some of our competitors are advertising that there is no fee or cost for their services even if the homeowner loses their home to a senior lender. Many of our clients of these services have tried the services and tell us that they got what they paid for. They stay with ALS because we deliver results. Some of the services are very selective in the matters they take. Read their small print; for example, one service states that they wouldn't take any account that is older than 60 days, and that is just not realistic. ALS has no small print.
• Most Delinquencies Cleared Within 90 Days
Despite the Great Recession, most owners do not want to lose the property. While no one can promise that they will collect delinquent assessments from every owner, ALS still continues to collect from most owners in collection.
• ALS’ Goal Is To Collect, Not Foreclose
ALS’ program is flexible, offering short-term payment plans to owners experiencing financial difficulties.
• ALS Is Attorney-Supervised
We know that there are many collection services out there that are run and operated by non-attorneys. Make no mistake about it, assessment collection is complicated. The account managers at ALS are supervised by an attorney experienced in the law of assessment collection. All initial attorney demand letters, liens and other important legal documents are reviewed and signed by an attorney. An attorney is involved in every disputed account, especially where the owner has retained their own counsel. And ALS is supported and further supervised by the community association attorneys at SwedelsonGottlieb.
• Real-Time Status Reports Available 24/7
Clients have complained that other collection services are not delivering results nor reporting status. ALS is so confident about its services that it provides its clients 24/7 access to real-time status reports available on the Internet via ARMS, ALS’ Assessment Recovery Management System.
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