Florida Bankruptcy Lawyers & Attorney Fees, Filing, Costs
11 U.S.C. 523 provides discharge will not be allowed (16) for a fee or assessment that becomes due and payable
after the order for relief to a membership association with respect to the debtor's interest in a dwelling unit
that has condominium ownership or in a share of a cooperative housing corporation, but only if such fee or
assessment is payable for a period during which - (A) the debtor physically occupied a dwelling unit in the
condominium or cooperative project; or (B) the debtor rented the dwelling unit to a tenant and received
payments from the tenant for such period, but nothing in this paragraph shall except from discharge the debt of a debtor for a
membership association fee or assessment for a period arising before entry of the order for relief in a
pending or subsequent bankruptcy case.
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Fees charged by condominium associations must be paid. Further, when protected by a consensual lien, the full
amount must be paid to avoid foreclosure.
Be aware the application of law to each individual is unique. Depending upon personal assets, liabilities,
and financial history, all benefits may not be available. The most successful debtors retain Florida bankruptcy lawyers and plan well in advance.
Through planning, with the assistance of qualified Florida bankruptcy lawyer, optimal timing, selective payments, and exemptions
are most likely to be achieved without question.
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