Tag: Bankruptcy

Homeowner Bankruptcy… Don’t Wait to file that Proof of Claim

SECURED OR UNSECURED, NO LONGER A QUESTION: ASSOCIATIONS MUST FILE PROOF OF CLAIM BY THE DEADLINE IN ORDER TO BE INCLUDED IN CHAPTER 13 BANKRUPTCY PLANS A recent federal court decision highlights the importance of an […]

Read more

Are Pre-Bankruptcy Assessments Recoverable?

Collection of Pre-Bankruptcy Association Assessments . . . It Can be Done When a homeowner in an association files for chapter 7 federal bankruptcy protection, bankruptcy law triggers certain rights and responsibilities for that […]

Read more

Bankruptcies and the Impact upon Community Associations

An Association must be aware that once it receives notice that one of its owners has filed for bankruptcy protection, and as long as the bankruptcy case is pending, no further attempts to collect any unpaid assessments may be commenced without first […]

Read more