Condo Q&A

Seeking HOA lawyer in California for financial issue

Written by CondoAssociation.com | Mon, Apr 11, 2016 @ 10:21 AM
Seeking advice or new HOA lawyer specializing in collections in Southern California. HOA has a unit that hasn't had dues/assessments paid on it in almost 10 years. They tried to foreclose and sue early on. Obtained a judgment at that time, but the owners filed for bankruptcy and it was approved. The property was then transferred to an investment company. The investment company was forced into insolvency bankruptcy shortly thereafter and has since been owned by a bankruptcy trust for several years, with no end in sight. The unit continues to be rented and the trust continues to collect rent, but still no dues or assessments have been paid. The legal fees have racked up over the years, not to mention the HUGE outstanding dues/assessments.