Tag Archives: receive

Bankruptcy FAQs

By: Kristen N. Dillie, Esq.

Q: What do I do if I receive a Notice of Bankruptcy Filing?

A: You should inform your collections attorney immediately if you receive notification that a homeowner has filed bankruptcy.  If we have an active collections file against the homeowner, we are required to suspend further collections efforts against the homeowner while the bankruptcy is pending.

If we do not have an active collections file against the homeowner, we recommend you forward the notice to your collections attorney anyway.  We are able to access the Bankruptcy Court’s records and can file any paperwork necessary to be sure that the association is protected throughout the bankruptcy proceedings.  We can also monitor the proceedings and update you as to any significant developments in the proceedings.

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NC: Residents want streets finished

News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network

Residents of a new neighborhood in the Oak Grove area want city officials to see to it that streets in their community left unfinished by a now-bankrupt developer receive their final coat of asphalt.
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We Could Never Go Back….

"Our Community has found so many benefits from eManageSuite.  I find that the financial reporting and record keeping especially thorough and helpful. Our Homeowners love that they have choices on how to receive information and submit payments.  I could never go back to operating without these tools and the professional guidance from Community Association Management. ...

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