COLLECTION OF DELINQUENT COMMUNITY ASSOCIATION DUES, by America's Best, and only licensed, bonded Nation-Wide Collection Company solely collecting Community Association Dues - Association Dues Assurance Corporation ["ADAC"].

Hello, to our clients and friends, Property Managers and Community Association Officers:    www.associationdues.net keeps improving.   We thank you for your support, and your helping ADAC to schedule meeting your Association Board, to present ADAC Free Delinquent Association Dues Collection Services.

BUDGET ASSOCIATION ANNUAL COLLECTION EXPENSE AT $-0-, YET COLLECT MORE DELINQUENT ASSOCIATION DUES FASTER THAN EVER.

ADAC with ONYX proprietary Software is A New Technology, A New Collection Experience - and ONYX is YOUR COMPETITIVE ADVANTAGE:

•  Free to the Association (charged only to the Delinquent as Association By Laws permit, and ADAC earns our fee only if, and as we collect and remit the delinquent Association Dues - pro-rated according to the balance due to the Association and ADAC - contingently).   Better ideas from ADAC!

•  Always on-line:  ADAC proprietary software, ONYX, provides 24 / 7/ 365 detailed line item Status Reporting (every line item charge, every line item payment, every negotiation, current balance, next action and next action date) over the Internet, printable, encrypted, password protected, so you (and the Association Officers) never have to wonder about delinquent file status (what's happening? - is always on the internet), and 2nd and subsequent files can be entered over the internet by you (or ADAC) for same day turnaround.  You can add information over the internet anytime, and ADAC reconciles information (e.g., violation charges, local payments) with each Property Manager at least monthly. User friendly, by design.

•  ADAC's computerized title-company type operation prints the next document the day the Statute permits filing, resulting in maximum Statutory speed at low cost to Foreclosure by Publication.  ADAC continuously works with Delinquents to pleasantly develop successful payment plans, and very low fixed-amount collection fees result in affordable, achievable payment of Delinquencies, with more Association Members able to ultimately keep their Units.  Attorney hourly fees may often prevent successful payment plans - ADAC fixed amount charges may be only 10% to 15% of attorney hourly fees through a complete Foreclosure circumstance, keeping your Association Members in their Units, whenever possible. Delinquent Association Members come to appreciate ADAC low fixed costs, while understanding that a Sale of their Unit, voluntary or involuntary, will occur if their payment is not made. Disruptive Annual Meetings seldom result, because Delinquent members understand Association cash needs.

•  "Next desk over" is the ADAC part of your management team for collection (by phone, Skype, Microsoft Live Meeting) 8am - 5pm EST, optimizing Association revenue flow, and also providing an educational component for the rest of the Association Members who learn the importance of timeliness of their own payment of Association Dues, improving the whole Association Dues Receivable turnover speed.

•  Community Association Institute ("CAI") member and supporter.

•  At an Association Annual Meeting recently, the CPA Auditors presented the Association Annual financial statement, which improved from an annual loss of worse than $(30,000) in each of 2006, 2007, and 2008, to a small profit in the fiscal year end 2009, and ADAC was applauded as a main reason for the change to profitability. ADAC caused about a $30,000 reduction in 2009 legal fees (compared to about $32,000 legal fees collection expense in 2008). Legal fees expense, a material and significant cost item, seemed to have recurred annually in 2006, 2007 and 2008 at that $30,000+ level. BUT, legal fees reduced down to a $1,200 legal fee for By Laws change in 2009.  The ADAC free collection program can be compelling, compared to legal hourly cost, in terms of Association Annual financial results!

•  Remember, U.S. Government Regulations now prohibit Fannie Mae and Freddie Mac from buying / re-purchasing new Mortgages in Associations with more than 15% in number of Units over 30 days Delinquent.  Fannie Mae and Freddie Mac are currently about the only available market, for re-purchase of new mortgages from mortgage originators [Banks and Mortgage Companies]. Your Government says the Association Dues invoice is due on day 1, and should be paid then.  Dues are stale, and Delinquent, after one (1) month - by 32 days.  Unit Owners in Associations with over 15% Delinquencies must sell by Land Contract, or by Cash sale, or by non-governmental Mortgage Investor for the term of the Mortgage.  Keep Mortgage Purchases available for Sellers in your Association!  Note ADAC also includes Property Management accounting and collection cost line items in ONYX, e.g., 15 or 20 day reminder letters, along with any prior legal costs for that file, so all Collection costs are included and remitted when collected from the Delinquent.  Move your Association Dues Delinquent Invoice files to ADAC at 32 days, or at least before 70 days, from original date of zero balance! 

Use YOUR COMPETITIVE ADVANTAGE NOW!     Right now is the time to plan scheduling an Association Board Meeting Presentation of ADAC Collection Services.  Phone or email us.  To know the ADAC program, push all the buttons on our website: www.associationdues.net.   Budget your ANNUAL Association Collection cost at $-0-! I ncrease your speed of Delinquent Association Dues Collection using the ONYX proprietary collection software system, at no cost to your Association (charged to the Delinquent as By Laws permit).   ADAC is designed to exceed customer expectations!

Is free ONYX software an innovative new technology --- changing the practice of Collection of Delinquent Association Dues in the marketplace before your eyes?    Try ADAC free services, and decide for yourself!!

Best wishes for an excellent next coming year, and new Decade of new innovative concepts!