I previously blogged about the process for collecting delinquent association debt in County Court in both contested and uncontested matters. So once a Judgment is obtained against a delinquent owner, what are the options to …
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County Court Collection of Association Debt: Part II
Yesterday, I blogged about how a County Court lawsuit is started and the basic court process if a matter is uncontested. However, what happens if the association files a lawsuit and the delinquent owner contests …
Continue readingCounty Court Collection of Association Debt: Part I
In this series of blog posts, I will explain the County Court process with regards to collection of debt against delinquent owners. Most lawsuits to collect delinquent association debt are filed in County Court so …
Continue readingColorado Supreme Court preserves Redemption Rights
As many associations are aware, when a property enters into public trustee (mortgage) foreclosure, the association is entitled to a super lien payment from the foreclosing lender. In addition, the association is provided redemption rights …
Continue readingWhen should a community association foreclose against a delinquent owner?
Almost every association has that ‘one owner’ that always appears to be delinquent in the payment of his/her assessments. In most cases, it is typically not a good idea to pursue a foreclosure lawsuit as …
Continue readingReceivership Basics
One of the least misunderstood methods for collecting association debt is the filing of a receivership lawsuit. A receivership can be a very effective method of collecting association debt when more traditional methods of collection …
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