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We have an owner who owes quite a bit of money to our building. They use an old email address that often does not work well, e.g., our emails to them often bounce back. If we hire a debt collector, and the debt collector identifies the person's current, working email, does the board then have the right to use it? (This might be a work email.) Thanks for any insight.
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You are right to identify potential legal and other issues involved with collecting a debt from a shareholder. I would contact the co-op's attorney to get their opinions and recommendations. Engaging a debt collector might create more problems that it solves because of NYC tenants' rights laws, and there are other less draconian ways to resolve an overdue maintenance issue with a shareholder.
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