Is A Debtor Personally Liable For Assessments Accruing After A Chapter 13 Bankruptcy? Recent Bankruptcy Rulings Give Conflicting Answers
For all parties involved, bankruptcy can be a convoluted and confusing process. When debts are owed to community associations, questions arise as to how to treat pre-petition assessments (assessments incurred prior to the bankruptcy filing) and post-petition assessments (assessments incurred after the bankruptcy filing), and in what manner can community associations collect those differing debts. Unfortunately, as Florida bankruptcy courts have reached different decisions on how to treat post-petition assessments, the answer may depend on which district court the case is filed. Read the article………..
The Virginia Supreme Court’s opinion in Tvardek, et al v. Powhatan Village Homeowners Association, Inc. highlights how critical it is
A beachfront condominium association has sued Harleysville Insurance Co. for refusing to cover Superstorm Sandy damage to a ground-level parking
We’ve all heard stories about investors or even owner-occupants who get great deals on the condo of their dreams only