The Bankruptcy Roadblock: How to Protect Your Association
The situation is all too common: The Association has a delinquent owner that owes several thousand dollars in past-due assessments and other fees. The Board took every step it needed to by following its collections policy, placing a lien on the property, and filing foreclosure. As the long foreclosure process comes to a close, the board is looking forward to getting a new owner in the unit. The property is set for sheriff’s sale when suddenly, everything comes to a halt: the delinquent owner has filed for bankruptcy. Read the article………..
We frequently hear about and see associations acting on myths that seem to persist despite being clearly incorrect. Here are
Nevada HOA foreclosures cannot extinguish deeds of trust held by Fannie Mae, holds U.S. district court
Yesterday, the U.S. District Court for the District of Nevada issued an important ruling concerning the litigation over whether homeowners’
A stagnant board of directors slows down the business initiatives of an Association and may cause the Community to lag