hoa bankruptcy: Living in Home After Bankruptcy? You Still Owe HOA's - 08/30/11 08:53 AM

Bankruptcy FAQ’s Regarding HOA fees:
Question:  “Do I still owe HOA fees after filing bankruptcy even though I surrendered my residence?  I moved out of my home after I filed bankruptcy but before the discharge.”
Answer:  This is a very common question and the bankruptcy code that applies is strange.  First. the money you owe the HOA should be listed as a creditor. Hopefully, you disclose this information to your bankruptcy attorney. 
Under the law a person surrendering a home, condominium,  townhome, any real property having HOA fees, can discharge whatever HOA fees that are owed prior to filing bankruptcy.  In … (0 comments)