For condo owners in trouble, repayment plans a good idea

Community association homeowners are obligated to pay assessments, usually monthly or quarterly, to maintain the common elements of the property. If they don’t, they could lose their homes. The Illinois Forcible Entry and Detainer Act allows associations to get court orders granting them possession of a delinquent owner’s unit and to rent it out until the balance is paid.     Read the article…………


Related Articles

Collections: A Growing Challenge

Despite improvements in the economy, collecting past due assessments remains a challenge for condominium and HOA boards across the country.

Shaming the Debtor? No… Shame on the Creditor/Collector!

Person owes you a debt and refuses to pay. You call the person and send letters and emails but they

Tips to Help HOA Board Members Manage Homeowner Forums

All meetings of the HOA board, excluding executive sessions, are open meetings. A required part of every homeowners association Board