Tag Archives: credit

Is foreclosure best option to get debt paid?

by: Mike Hunter

mike_hunterCharlotte attorney Michael Hunter specializes in community and condominium association law for the firm of Horack Talley.

Q. It seems in today’s economy that a lot of HOA foreclosures don’t result in a collection of the debt owed to the HOA. The owner either abandons the property, or the HOA lien is extinguished by the foreclosure of a superior deed of trust to a mortgage lender. It seems the HOAs rack up a lot of fees to foreclose against homeowners that are going to walk away from the debt one way or the other. Is there a better option?

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Style and Substance

Style and Substance Straight from Common Ground's creative director and editor, here are some quick tips for giving your newsletter form and function. DESIGN KEEP IT SIMPLE, LEGIBLE, AND ORDERLY.  Set up a grid to help you align columns of type and graphics.  A three-column grid is typical for most newsletters.  Set your copy in these columns and...
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E-Payments

Are owners charged any fees for making an E-payment?
Owners are able to make E-check payments at no additional cost. The bank will charge the owner a nominal fee for processing Credit or Debit card payments.

 

How long does it take for the funds from an E-payment to arrive in the association's bank...

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