Chapter 13 Bankruptcy: 5 Things You Need to Know

August 30th, 2011
Posted By
Valerie Farris Oman
So you get a notice that an owner has filed for Chapter 13 bankruptcy. What to do? If you said, “close the file and write off the balance,” not so fast! Here are 5 things that every manager and board should keep in mind. Deadlines Pass by Quickly… Read More
Read More
Categories: Bankruptcy, Condominium Laws
Tags: bankruptcy; save the house; chapter 13; repayment; payment plan; trustee

Chapter 7 Bankruptcy Basics

July 27th, 2011
Posted By
Valerie Farris Oman
Many condo and homeowner associations are experiencing an unprecedented rate of bankruptcy filings by owners. Some are current on their dues when they file, some are not. Many file to try and discharge condo or homeowner dues. Both homeowners and ass… Read More
Read More
Categories: Bankruptcy, Condominium Laws