The new bankruptcy laws that passed in October, 2005, have created an exception to discharge of HOA fees that accrue after the bankruptcy case is filed until the title and possession of the property transfers.  While its tough to escape this liability, there are ways to minimize its effects.  To read more, please click my National Blog here.

Written by Michael G. Doan 

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This entry was posted on Saturday, May 16th, 2009 at 12:25 pm and is filed under General Bankruptcy, Keeping Property in Bankruptcy, Mortgage Relief. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.