CAI-NJ Sept 2020

DEBT COLLECTION... from page 14.

Wilkin Management Group , Inc. 30 Years of History

Exemptions. An Exception means the asset is not protected from creditors. We know it is convoluted but leg- islation is often convoluted. Your LAC is working very hard to try to get a community association lien for main- tenance fees included in the bill. The amendment is designed to prevent a debtor unit owner from simply evading a maintenance fee lien in Bankruptcy. This way it may be possible to get the association paid at least in part despite a unit owner debtor filing for Federal Bankruptcy protection. Please also keep in mind that even if the bill is amended to provide for additional protections for community associations, there is still no guaran- ty the association will ultimately get

For over 30 years, Wilkin Management Group has held to an unshakeable corporate philosophy of Creating Value for Our Clients. Our People, Process and Performance demonstrates an un-wavering commitment to do so. With locations in Northern and Central NJ Visit us on the web at www.WilkinGrp.com | 201.560.0900

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408 Main Street, 2nd Floor, PO Box 441 • Chester, NJ 07930 • (833) 427-2487 • cling@archforensic.com • www.archforensic.com

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