Approximately 35 condo units out of 192 are empty where owners have walked away. We currently have a 40 percent delinquency rate for paying condo fees and lost our FHA status 7 years ago. Our insurance was dropped at the end of last year and new insurance cost the association all most double old rate. A reserve study was completed 6 years ago and nothing has been done, in fact I moved in 8 years ago and no capital work has been done (development is 25 years old). I am currently upside down about $70,000 dollars. The board is clueless and the homeowners even more so...What options do I have besides chapter 7 and running as fast as I can? New Jersey.