Collections
We handle all homeowner bankruptcy collection files at absolutely no cost to your association. And, we will ensure that the homeowner makes his or her monthly assessment payment. This means that if a homeowner files bankruptcy and stops making monthly assessment payments to your association, we will handle the bankruptcy at no cost to your association. We provide this service as part of our no-fees no-costs program.
When a homeowner files bankruptcy, a collection company can only file a proof of claim with the bankruptcy court and hope that a homeowner makes his or her payment. In our opinion, this is simply not satisfactory.
We file a motion and request a hearing before the bankruptcy Judge to ensure that the homeowner is current in his post-petition monthly assessment payments. We routinely obtain court orders requiring homeowners to get current on their obligations to their association.
And, remember, we handle these matters at absolutely no cost to your association. If you are dealing with homeowners who have files bankruptcy and your association is not currently being paid the monthly assessments, please feel free to call our office.