Bankruptcy offers debtors an opportunity for a "fresh start," the primary draw for many individuals seeking to unburden themselves of their debt. A bankruptcy discharge relieves a debtor of their legal obligation to repay...more
The Fair Debt Collection Practices Act (FDCPA) is a dense federal statute that governs debt collection.
If you have read some of my previous articles on the topic, you will recall that this set of laws, in conjunction...more
Whether you are a board member or a property manager for a community association ("Association"), you have probably dealt with owners that fail to pay their assessments, and whose accounts need to be referred for...more
Many community association managers know that a lien can be placed on a delinquent owner's lot as a method of securing repayment of assessments.
In many cases, the mere threat of having a lien placed against the owners'...more
Limited liability protections afforded by various corporate, limited liability, or limited partnership laws normally insulate business owners from personal liability for their business's debts.
However, lenders routinely...more