One of the major issues association lawyers face when collecting delinquent assessments is the dreaded “balance forward” on ledgers. The amounts due in those ledgers are a potential Pandora’s Box of problems. In order to collect delinquencies based on those ledgers, they must comply with law. The ledgers are required...
Florida Statutes recognize the importance of homeowner and condominium association assessments to the vitality of a community and have enacted methods to enable associations to collect delinquent assessments. However, when an owner files for bankruptcy an association may be temporarily enjoined from seeking the delinquent assessments, or prevented from collecting...
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