Chapter 13 Plan, Not Texas Law, Governs HOA Payments

A Texas homeowners association that applied Chapter 13 plan payments first to pre-bankruptcy delinquencies, leading to improper late fees, penalties and interest, was penalized by a bankruptcy court March 27 ( In re Daulton , 2017 BL 96621, Bankr. S.D. Tex., CASE NO. 11-33892-H5-13, 3/27/17 ).  It is the Chapter 13 payment plan which determined how debts will be repaid, even if the plan runs contrary to a state law, Judge Karen K. Brown, U.S. Bankruptcy Judge for the Southern District of Texas, wrote.   Read the article………….


Related Articles

Debunking the Myths of SB 177 (CO): Installment Number 1

A coalition of special interest groups, led by the Metro Mayors Caucus and Denver Chamber of Commerce, are behind the

Directors’ Bankruptcy Does Not Relieve D&O Insurer of Obligation to Defend

The bankruptcy of insured directors did not relieve the insurer that had issued a directors and officers (D&O) endorsement to

Your California Condo May Be Secure, But Not A Security

Two years ago, I wrote about U.S. District Court Judge Dana Sabraw’s opinion in Salameh v. Tarsadia Hotels, 2011 U.S.