Debt Collection in a Bad Economy

Using real life examples, we tackle the tough question of how to effectively collect association dues and assessments in the worst economy in 30 years.  Many unit owners are out of work, upside down in their mortgages, and some just want out of their unit.  How are lenders responding differently now than in the past?  What can associations and managers do to maximize the chances that owners will pay?

Presented by Valerie Farris Oman, Condominium Law Group, PLLC

Association Lien Foreclosures - Beyond the Basics, Into the Twilight Zone

Foreclosing an Association's assessment lien is one the more expensive, lengthy and uncertain tasks confronting an Association board.  This presentation will go beyond the basics of a lien foreclosure to address some of the more advanced and uncertain aspects of the process.  The issues covered will include redemption period choices (12, 8 or 0 months), possession and rental rights during the redemption period, lender issues, and post-foreclosure sales of redemption units.  Factors to consider when determining whether and when to foreclose will also be discussed.

Presented by Michael Fulbright, Law Office of Michael Fulbright

Preventing Fraud and Embezzlement - After The $s Are Gone It's Too Late! 

Come learn about the key methods used to take community funds. How to spot criminal activity? What the typical embezzler looks like. Learn what policies and procedures need to be in place to greatly reduce the possibility for fraud or embezzlement of community funds. This seminar is designed to be of particular value to community managers, controllers, and board treasurers. After your money is gone it is too late!  Don't miss this seminar!

Presented by: Alan Crandall, Mutual of Omaha Bank