Categories: Collections

Is HOA & Condo Debt ‘Consumer Debt’?

There is some debate in the community association industry what type of debt delinquent assessment constitute.  Is it a consumer debt like unpaid credit card bills?  Or is it something else?  Personal opinions vary, but the courts are clear, and their position is critical to how delinquencies are addressed and who should be tasked with collecting them.     Read the article………………………………

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