Process

PROCESS

The ADAC team understands that different associations prefer various methods of collecting delinquent assessments ranging from credit reporting to court action to lien to foreclosure. In cases where foreclosure is pursued, debt recovery generally occurs long before actual foreclosure becomes a concern. In the event that a property actually goes into foreclosure, the parties typically reach a payment agreement before the foreclosure process is concluded.

ADAC is happy to tailor the process to meet your association’s specific needs. You can be sure that ADAC will manage every delinquent case with professionalism, respect and confidentiality. We adhere strictly to Fair Debt Collection Practices Act (FDCPA) requirements and to all statutes and association governing documents.

Because we employ the ONYX Case Management System to collect your association’s delinquent assessments you can be sure the process will be performed accurately and cost-effectively.

WHAT MAKES ADAC THE BEST CHOICE? SPEED + SAVINGS!

Besides offering significant cost savings for associations and homeowners, ADAC resolves delinquencies in a timely manner. ADAC gets paid by the job. Attorneys get paid by the hour. When the meter is running, attorneys have little incentive to complete the collections process quickly; and the longer the file is active, the more you pay! ADAC makes every effort to keep the process cost-free to associations by having the delinquent owner pay collection costs. Our ONYX Case Management System tracks every file, providing you with real-time access to all of your cases, while ensuring that every file is processed accurately and on schedule.

WHAT’S THE CATCH? THERE IS NO CATCH!

With ADAC, success comes from a smart staff focused on recovering delinquent assessments effectively and efficiently while keeping association costs low. We do not buy the debt. We do not take a percentage of the collection. ADAC not only provides the lowest cost alternative for associations, but also brings a wealth of experience to the table, guiding associations through difficult situations, such as keeping them apprised of their rights when banks try to write-off association assessments. We work to keep association assessment dollars where they belong – with the association!

You can be sure that ADAC will manage every delinquent case with professionalism, efficiency, respect and confidentiality. We adhere strictly to Fair Debt Collection Practices Act (FDCPA) requirements and to all statutes and association governing documents.

WHAT MAKES ADAC THE BEST CHOICE? SPEED + SAVINGS!

Besides offering significant cost savings for associations and homeowners, ADAC resolves delinquencies in a timely manner.

WHAT’S THE CATCH? THERE IS NO CATCH!

With ADAC, success comes from a smart staff focused on recovering delinquent assessments effectively and efficiently while keeping association costs low. We work to keep association assessment dollars where they belong – with the association!