Eliminating HOA Debt With Bankruptcy
It is unfortunately all too common for a condominium owner to suddenly receive a bill for their portion of necessary maintenance or repairs, such as replacement of elevator cables, that can run into the tens of thousands.
If you cannot pay for what is deemed to be your share of repairs or maintenance costs, or if you run into financial difficulties and cannot afford to continue paying your homeowners association dues, it is possible that these debts may be included in your Chapter 7 or Chapter 13 bankruptcy plan.
I am Memphis debt relief lawyer Ben Sissman. I am here to help you put a stop to your financial problems with homeowners association debts. Contact me online or call toll free: 901-730-4958. I will respond promptly.
Memphis Lawyer Advising On Debt Relief And Bankruptcy Matters
Homeowners associations in Memphis, Tennessee, may handle unresolved debt issues very aggressively, even going so far as to file lawsuits against you or garnish your paycheck. Unresolved debt issues may include:
- Unpaid homeowners association dues
- Share of maintenance and/or repair costs
- Costs of damages allegedly caused by you or your guests
Determining whether such unresolved debt issues are secured or unsecured debt is not always cut and dry. It is important to work closely with an experienced Tennessee bankruptcy lawyer who understands how the bankruptcy trustee will classify these debts for purposes of prioritization of payments to debtors and developing a bankruptcy payment plan.
For the past 30 years, I have helped Tennessee residents resolve their problems with unsecured and secured debts, including unpaid fees and alleged damages claimed by your homeowners association. I can help you too.
Free Initial Consultation | Shelby County HOA And Condo Debt Attorney
The law office of Ben Sissman is a debt relief agency that helps people file for bankruptcy relief under the Bankruptcy Code.