Common Interest Communities and debt collection
Susan will be making a short presentation at the Virginia Leadership Retreat this weekend regarding efforts by Common Interest Communities to collect debts. Afterwards, we will add her presentation outline to our online library.
As a short introduction to this presentation, the stated purpose of the Fair Debt Collections Practices Act (“FDCPA”) is “to eliminate abusive debt collection practices by debt collectors.” Although many of us do not equate efforts to collect homeowner association assessments with “debt collectors,” the FDCPA has been expanded by judicial interpretation to include these assessments as debts covered by the FDCPA.
Susan’s presentation will outline the penalties for failure to abide by the FDCPA and tips to ensure compliance. We will update this post next week, so you can educate yourself if you cannot make it to the conference this weekend.
Tarley Robinson, PLC, Attorneys and Counsellors at Law
Williamsburg, Virginia