By Cathy Moran, Esq., (Redwood City, CA) When a married couple books a bankruptcy consultation, you have an immediate problem: There be dragons, as early map makers helpfully provided. Because, as a lawyer friend of mine says: Anytime there are two people sitting across from you, you have a conflict of interest. That pithy expression has stuck with me and...
Lender Liability for Condo Association Fees: In re: Pigg No Longer Stands Alone
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By Joseph R. Prochaska
A recent Critical Case Comment looked at In re: Pigg, 2011 WL 2531399 (Bankr. M.D. Tenn., June 23, 2011) (Paine), which held that a lender which could be subordinated to condominium association dues accruing after a Chapter 7 bankruptcy, when the lender either delays in foreclosing on the property or takes possession of the property. Many wondered whether this was a “one off” case, or if it might be the . . .
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