What Happens to Condo or Homeowners Fees in Bankruptcy?

Many New Yorkers live in condos or homeowner communities as opposed to independent, single-unit owner-occupied or rental housing. Keeping a home in New York bankruptcy is a common topic, as is protecting the interests of renters—including those in rent-stabilized units—but not so much is said about condos or homeowner communities. In New York City such …

What Happens to Condo or Homeowners Fees in Bankruptcy? Read More »