Bankruptcy
Chapter 7 Bankruptcy Stops HOA Collections
Chapter 7 attempts to avoid assessments incurred prior to the time the petition is filed. Post-petition assessments are still the Unit Owner's responsibility. But you can't collect them without consent of the Bankruptcy Court. CMP® can help by keeping you organized and focused with its globally accessible file notes and tickler system. Do you need to do a Motion to Lift the Automatic Stay? CMP's® document assembly system can help make that happen!
- Track bankruptcy status
- Avoid automatic stay violations
- Follow up on Trustee payments
- Prepare Proofs of Claim