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Bankruptcy? How Does a Bankrupt Homeowner Affect HOA Assessments?

Board Education, HOA Assessments, Community Management

Homeowners' associations need HOA assessments to function. This means that when a homeowner becomes delinquent, the association could have problems. And when an owner files for bankruptcy, the association becomes one of their creditors.

By Staff Writer on Dec 21, 2017 8:00:00 AM
   
Bankruptcy? How Does a Bankrupt Homeowner Affect HOA Assessments?

Homeowners' associations need HOA assessments to function. This means that when a homeowner becomes delinquent, the...

By Staff Writer on Dec 21, 2017 8:00:00 AM