The Oregon State Chapter of CAI is hosting its first ever CA Day and Trade Show this Saturday – and we hope you can make it!

Bright and early at 9:30 a.m., Dan Webert and I will be presenting “Collections Policy, Foreclosures & Bankruptcies.” For the right-before-lunch session at 11:00 a.m., my colleague Jim Guse will be co-presenting with Tim Cline on Risk Management and Insurance.

If you have not yet seen a presentation featuring Jim, you’re in for a treat—even with a topic like insurance, he’s sure to entertain. The following is a brief preview of our collections topic—we hope you can join us and our Oregon CAI colleagues at the Wilsonville Holiday Inn South from 8:00 a.m. to 4:00 p.m. to partake in Oregon’s first ever CA Day and Trade Show.

Collections can be a hot topic for community associations—the delinquency rate in a community can increase assessments for all owners and, for condominiums, may make an association ineligible for FHA approval. We plan to discuss the importance of an effective collections policy for community associations together with an explanation of how foreclosure and bankruptcies can affect an association’s ability to collect assessments.

We’ll also explain an association’s automatic lien and some key differences between a planned community lien and a condominium lien. Dan and I will be discussing the nuts and bolts of these topics in detail including our best tips for the effective collection of past-due assessments.

We would love to have you join us and hope to see you there!