By Jeff Field | Published March 24, 2025 | Posted in Bankruptcy | Tagged Tags: HOA, liabilities, property taxes, residential community | Leave a comment
How are HOA Dues Treated in a Bankruptcy?
Along with the traditional costs associated with owning a home, many people throughout Georgia and the rest of the United States also pay dues to a condominium or homeowners association (HOA). These groups are created to make residential communities better places to live by maintaining common areas and setting standards relating to home appearance and Read More
Read MoreGiuliani’s Bankruptcy Case Shows Importance of Full Disclosure
After a Georgia defamation lawsuit resulted in a $148 million verdict against him, former New York City Mayor Rudolph Giuliani sought bankruptcy protection, claiming that he lacked the resources to pay the judgment and other debts. The fact that he owes such a large amount of money makes it easy to understand why he sought Read More
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How the Automatic Stay in Bankruptcy Provides a Safe Haven
When debt becomes overwhelming, filing for bankruptcy can offer the debtor a fresh start. One of the most powerful aspects of bankruptcy is the automatic stay that immediately takes effect upon filing a bankruptcy petition. The stay acts as a shield against creditors, giving the debtor a much-needed refuge. These are the principal benefits of Read More
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