by Kevin Hirzel | Aug 22, 2016 | Bankruptcy, Collections, Condo and HOA Assessments, Condo and HOA Cases, Michigan Condominium Attorney, Michigan Condominium Lawyer
On August 4, 2016, the Bankruptcy Panel of the Federal Sixth Circuit Court of Appeals issued an opinion holding that a condominium association could foreclose on a pre-petition lien for unpaid assessments that was not extinguished in the bankruptcy proceedings. In re:...
by William Kolobaric | Mar 21, 2016 | Bankruptcy, Collections, Condo and HOA Assessments, Liens, Michigan Condominium Attorney, Michigan Condominium Lawyer
Condominium associations are solely dependent upon the collection of assessments from its members for their survival and to purchase and provide the goods and services necessary for the maintenance of the project for the benefit of its members. Thus,...
by William Kolobaric | Feb 9, 2015 | Bankruptcy, Condo and HOA Assessments, Liens
As the housing market continues to slowly recover from the foreclosure crisis in Michigan, and other areas of the country, many community associations are still facing significant challenges with unit owners who file for personal bankruptcy. Numerous unit owners are...
