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Entries Tagged ‘Bankruptcy’

FL: Bankruptcy Considered For Condos Facing Water Shut-Off

The residents of an Adelphi condominium complex are now considering bankruptcy for their condo association in hopes they can prevent WSSC from cutting off water to the 200-unit property Originally from Community Associations Network National

MD: Bankruptcy Approved For Condos Facing Water Shut-Off

The residents of an Adelphi condominium complex have approved filing bankruptcy for their condo association in hopes they can prevent WSSC from cutting off water to the 200-unit property on Riggs Road early next week. Originally from Community Associations Network National

TN: Bankruptcy judge backs flood victim in foreclosure

At a time when mortgage lenders are taking more than a year to complete foreclosures, Judge George C. Paine II has ruled that Bank of America has consented to the sale of a flood-damaged Bellevue condominium through its inaction and must wait in line behind a homeowners association to get paid. Originally from Community Associations [...]

TN: Bankruptcy judge backs flood victim in foreclosure

At a time when mortgage lenders are taking more than a year to complete foreclosures, Judge George C. Paine II has ruled that Bank of America has consented to the sale of a flood-damaged Bellevue condominium through its inaction and must wait in line behind a homeowners association to get paid. Originally from Community Associations [...]

PA: Facing $20M Judgment, Pa. Town Seeks Bankruptcy

A decade ago, this small Pennsylvania town was found to have engaged in racketeering to thwart a condo development. Then years later it was found to have wronged the developer yet again. Originally from Community Associations Network National

NC: Bankruptcy judge sides with lender in Park condos case

A bankruptcy judge has ruled in favor of the bank in the latest chapter of The Park condos saga – and against the condominium owners and contractors who argued they had a right to proceeds from the sale of the stalled luxury tower. Originally from Community Associations Network National

FL: Mounting bills force Florida condo associations into bankruptcy

At least seven Florida condo associations have filed for bankruptcy since the real estate market took a nose dive — and there may be more on the way. Originally from Community Associations Network National

FL: Bankruptcy Considered For Condos Facing Water Shut-Off

The residents of an Adelphi condominium complex are now considering bankruptcy for their condo association in hopes they can prevent WSSC from cutting off water to the 200-unit property Originally from Community Associations Network National

MD: Bankruptcy Approved For Condos Facing Water Shut-Off

The residents of an Adelphi condominium complex have approved filing bankruptcy for their condo association in hopes they can prevent WSSC from cutting off water to the 200-unit property on Riggs Road early next week. Originally from Community Associations Network National

AZ: Bankruptcy seen as way to finish condos:

The developer of the Centerpoint Condominiums project in downtown Tempe filed for Chapter 11 bankruptcy reorganization Friday, saying paradoxically that it is the fastest way for the company to obtain a loan to complete the stalled towers. Originally from National Community Associations News

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