Meridian is committed to customizing our programs and services to meet the individual and diverse needs of our clients. We meet this commitment by delivering the most flexible and comprehensive services in the industry. Our certified collectors are fully–trained to understand every aspect of the shared ownership industry, allowing them to educate and resell delinquent parties on their shared ownership purchase while increasing the rate of recovery.
Early Intervention Program
Maintaining delinquent accounts internally for extended periods before taking action can increase costs and limit recovery options. Meridian’s Early Intervention Program is designed to address delinquency at the earliest stages, before balances age and recovery becomes more difficult.
Through early engagement, Meridian identifies emerging problem accounts and initiates structured collection activity shortly after accounts become past due. This proactive approach improves recovery outcomes, reduces overall collection costs, and allows clients to avoid more expensive remedies later in the delinquency cycle.
Early intervention is particularly effective for organizations seeking to stabilize cash flow, reduce aging balances, and maintain consistent account management practices.
For more information on the Early-Out Program, Contact Us today.
No–Cost–To–You Dues Recovery Program
Meridian offers a no-cost-to-you dues recovery program for associations whose governing documents and applicable state statutes permit the assessment of collection costs to delinquent accounts. Under this structure, Meridian’s compensation is derived from approved collection costs assessed to the account, allowing the association to recover the originally assigned balance without direct out-of-pocket expense for collection services.
This program is commonly utilized by homeowners’ associations and condominium associations that have the legal authority to pass allowable collection costs through to delinquent accounts. Eligibility is dependent on the association’s governing documents and applicable law; clients are encouraged to confirm program suitability in consultation with the association’s counsel.
For more information on the No–Cost–To–You Dues Recovery Program, Contact Us today.
Services Offered by Meridian Financial Services
Credit Reporting
Qualified accounts are reported to applicable consumer reporting agencies in accordance with federal and state law, supporting accountability and encouraging timely resolution.
Skip Tracing– Meridian utilizes lawful data resources to identify updated contact information for delinquent owners, supporting accurate notice delivery, improved communication, and more effective account resolution.
Client Portal & Online Access – Clients have secure access to their account information, reporting tools, and real-time portfolio updates, enabling transparency and informed decision-making.
Statements and Remittances – Meridian provides regular statements and remits collected funds on a scheduled basis, with detailed reporting to support reconciliation and internal accounting requirements.
Custom Reporting – Reports are tailored to client-specific needs, providing current financial, demographic, and account-level data to support portfolio management and strategic planning.
Credit and Collection Consulting – Meridian provides guidance on receivables management practices, policy development, and delinquency mitigation strategies to help clients maintain long-term financial stability.