Just Keep Swimming: Navigating the Waters of a Co-owner’s Chapter 7 Bankruptcy Filing

Bankruptcy matters can be treacherous waters for Condominium Association Boards to navigate. Such issues should, in most cases, be referred directly to the Association’s legal counsel, who should be experienced in handling Condominium collection cases in the bankruptcy context. Nevertheless, Board members (and property managers) should at least be familiar with the basic aspects of Bankruptcy law that apply to Condominiums. This blog post will address some of the fundamentals of Chapter 7 Bankruptcy cases in relation to Condominiums.    Read the article……………

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