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Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

by Lawrence Szabo, Esq. | Jun 13, 2014 | Case Decisions, Dues and Assessments

US Bankruptcy Court – Eastern District of Virginia (June 10, 2014). Bankruptcy debtor (homeowner) filed action in bankruptcy court to determine the validity, priority or extent of liens asserted by her HOA against her property. In the action, the...
Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

CA Court Says No to Foreclosure by HOA, Yes to Payment Plan by Member

by Lawrence Szabo, Esq. | Jan 19, 2014 | Dues and Assessments

California Appellate Court decision (January 13, 2014). An HOA member (“Owner” ) failed to pay applicable homeowner’s association fees. A year and a half later, the association notified Owner that he was $3,864.96 delinquent and recorded a lien...
Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

Notice Requirements for Liens & Foreclosure Must be Strictly Complied With

by Lawrence Szabo, Esq. | Jan 19, 2014 | Dues and Assessments

A California Appellate Court decision in Diamond v Superior Court (2013) confirmed that any lien that is recorded against a member’s separate interest property must be recorded in “strict compliance” with the statutory notice requirements. A lien...
Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

CA Court Prevents Foreclosure & Enforces HOA Member’s Right to Payment Plan to Cure Delinquency

by Lawrence Szabo, Esq. | Jan 19, 2014 | Case Decisions, Dues and Assessments

California Appellate Court (January 13, 2014) ruled that the legislative intent behind Civil Code 1367.1 allows for partial payments to pay down delinquent assessments, and limits the remedy of foreclosure to only a last resort. Accordingly, the Association’s refusal...
Bankruptcy Court Removes Valueless HOA Assessment Lien that Was Not Properly Perfected

Florida Circuit Court Rules That Second Mortgages Can Be Stripped During Chapter 7 Bankruptcy Proceedings

by Lawrence Szabo, Esq. | Dec 14, 2013 | Dues and Assessments

A ruling by the Eleventh Circuit Court of Appeals in Florida allows underwater homeowners to eliminate and “strip-off” second mortgages through the Chapter 7 bankruptcy process. A homeowner is considered “underwater” when he or she owes more on...
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