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Bankruptcy helps people who can no longer pay their debts get a fresh start. This is the statement that comes at the very top of the page for the United States Bankruptcy Courts. Every accountant and attorney who has ever...
Condominiums, Homeowners’ Associations and Bankruptcy: How Does a Unit Owner Bankruptcy Affect Collections?
May 5, 2021
Collection of assessments is one of the biggest headaches for many Community Associations. Most of the time, collections follow a standard process. It might be slow and take several steps. But, since assessments are...
Reminders for Condominiums and Homeowners’ Associations: People Coming Out of Their Homes Edition
April 26, 2021
Now that the weather is warming, residents are taking to the sidewalks, walking trails and open spaces of their Community Associations. Here are some reminders for property managers and board members. Homeowners’...
As expected, the Governor’s office and the Department of Health (DOH) have released updated guidance to help bars, restaurants, hotels and others implement the updated mitigation orders that will allow many businesses to...
Background On January 1, 2021, the National Defense Authorization Act for Fiscal Year 2021 (the “Defense Bill”) was enacted into law. This Defense Bill contained the Corporate Transparency Act (the “Act”). The Act...