How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask kicklaw40 Your Own Question
kicklaw40, Attorney
Category: Bankruptcy Law
Satisfied Customers: 21
Experience:  I have been a bankruptcy attorney since 1998 and have handled hundreds of bankruptcy cases successfully.
Type Your Bankruptcy Law Question Here...
kicklaw40 is online now
A new question is answered every 9 seconds

If HOA creditors claim is disallowed for debt accruing against

This answer was rated:

If HOA creditor's claim is disallowed for debt accruing against an HOA assessment lien (secured by the real property which is the debtor's principle residence), can it still go after the property IN REM after the bankruptcy is discharged?

kicklaw40 : No. As long as your case competes and a discharge is entered, the ruling on claims in bankuptcy court will be the final determination of that creditor's rights, even post-bankruptcy. To use a common example these days, we can often have a second mortgage "Stripped" or avoided. This means that, once the bankruptcy case completes, the debt is eliminated and the lien is gone from the real estate.
kicklaw40 : If you have any follow-up questions, please let me know. Otherwise, I would appeciate your rating my answer positively so that I know you are satisfied. Thank you!
kicklaw40 : Erin
kicklaw40 and 3 other Bankruptcy Law Specialists are ready to help you

Related Bankruptcy Law Questions