HOA Receiverships: An Effective Collection Method for Community Associations - Virtual Class
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Class Registration:
Business Partner CAI Member: $20
Homeowner / Board Member $FREE
Manager CAI Member: $10
Manager Non Member: $20
THIS CLASS PROVIDES ONE (1) CAMICB CREDIT
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Class Description:
This class is designed to help community managers, and subsequently their boards, understand a very powerful and valuable tool that helps HOAs with collections, and will give managers the “know how” to initiate conversations with their boards about receiverships. In this course, we will review and learn what a receivership is and how it is used to collect debts for HOAs. We will cover the basics of how to identify a property or situation where a receivership could help, know the correct steps and legal actions to take with the HOA’s attorney to ensure the efforts will be successful, and then learn what happens once the receiver is appointed and takes over. We will review the benefits and risks that are associated, the ongoing role of legal counsel in the process, what the typical resolutions are, and most importantly, how the HOA ultimately gets paid. Receivership can be an intimidating and complicated process to understand; our goal is to highlight the simple ways managers and boards can consider receiverships among their collection options.
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Speakers: Ryan Gulick and Wendy Weigler
Speaker Bio: Ryan Gulick
Ryan Gulick is a Court Receiver with The Receiver Group, a professional receivershipcompany offering equitable solutions for HOA debt collections in Colorado. Their team have provided debt collection services for associations and their community managers for over fourteen years and are proud business partners to CAI.
Speaker Bio: Wendy Weigler
Wendy Weigler is of counsel at WLPP, and has focused much of her community association practice on litigating, mediating and arbitrating numerous types of covenant enforcement, contract and collection issues for community associations. She has been successful in both state and federal appeals and has several published opinions. In addition to handling disputes for clients, Wendy has a robust transactional side of her community association practice, handling contract negotiations, document drafting and advising on general business matters.
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Thank you to our Sponsors:
