Alliance Association Management has the following Collection Policy: Membership Dues will be considered late fifteen days after the due date, and a letter will go out on that 15^th day to any accounts over $10.  Each month a fee of $15 will be assessed.  After thirty days a demand letter would be sent out.  After approximately 60 days, the credit bureau would be notified and a collection fee of $45 would be charged in addition to the $15 fees.  Between 75 and 90 days, Alliance will file a lien at a cost to the homeowner of approximately $95, in addition to the monthly $15 fees.  If no payment were made to clear the account, the account would then go to the attorney for processing the foreclosure notice and the posting at an approximate cost of $550.

Summary of Collection Policy:

·        15 days - You will be charged $15 each month account is not cleared

·        30 days - a demand letter will be sent out

·        60 days - The credit bureau will be contacted – You will be charged $45 collection fee in addition to $15 monthly charges

·        75-90 days - A lien will be filed at an approximant cost of  $95 in addition to $15 monthly charges.  If a payment is not made to clear the account, the account will go to an attorney for processing the foreclosure notice and posting at an approximant cost of $550

CCHOA Board Members