Southwest Recovery Services (SWRS) is expanding its specialized residential debt recovery for apartment complexes and HOAs, offering contingency-based collection solutions for delinquent assessments and unpaid rent while maintaining strict FDCPA compliance.
-- Southwest Recovery Services is scaling its specialized residential debt recovery services to help property managers and board members resolve delinquent accounts. As of late 2025, the U.S. mortgage delinquency rate climbed to 3.99%, with seriously delinquent FHA loans up nearly 50 basis points year over year, according to MBA data. Driven by labor market shifts and rising personal debt, these pressures have increased unpaid rent and assessments, with only 57% of renters paying all monthly bills in full - putting significant strain on community association budgets and property management operations.
More information is available at https://www.swrecovery.com/industries/property-management-collections/residential-property-management/hoa-debt-collections/
The necessity of professional recovery is apparent, as serious delinquencies (90+ days) impact community reserve funds. These financial gaps often force compliant homeowners to shoulder the burden of non-paying neighbors, delaying critical repairs. SWRS provides the specialized intervention needed to protect community finances without upfront costs.
Regulatory compliance is an often controversial and financially critical area of focus for HOAs. Under the Fair Debt Collection Practices Act (FDCPA), HOA assessments are classified as consumer debts, requiring strict adherence to federal guidelines. SWRS protects associations by following professional, ethical follow-up sequences using software that tracks every promise to pay across phone, email, and mail.
SWRS addresses recovery through tools designed for residential management, including recovery for unpaid rent, eviction-related debts, and tenant skip-outs. A key advantage is the firm's ability to report delinquencies to major consumer credit bureaus—Experian, Equifax, and Transunion—which encourages timely payment and resolves accounts faster.
"Outsourcing collection efforts makes it easier for HOA board members and residents to live and work together peacefully," said a spokesperson for SWRS. "It can also return valuable time to the HOA board, so they can get back to coordinating events and making their neighborhood special."
Timely collection preserves property values and resident safety, the spokesperson explained. By enabling property managers to recover outstanding debts efficiently, SWRS helps fulfill fiduciary responsibilities to communities.
Southwest Recovery Services remains committed to professional, compliant methods that respect both the rights of property owners and the financial needs of communities. Since 2004, SWRS has managed accounts receivable with a "pay on success" contingency model, ensuring associations only pay a fee when funds are recovered. With 12 offices across seven states, the firm brings over 20 years of experience to this underserved HOA segment.
For more details, visit https://www.swrecovery.com/
Contact Info:
Name: Steven Dietz
Email: Send Email
Organization: Southwest Recovery Services
Address: 16200 Addison Road Suite 260 , Addison, Texas 75001, United States
Website: https://www.swrecovery.com/
Source: PressCable
Release ID: 89182457
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