Do you have questions about the collection lawsuit process? Are you left wondering what “Answer Filed” means? Do you know what the next steps are once a lawsuit has been disputed? Do you wonder whether a sloth can run? (Ok, I just threw that last one in there to see if you were paying attention,Go to Resource
Collections Resources
Some of the most common questions about the status of collection files are regarding serving the homeowner: Why does it take so long? I see him at his house all the time; can I just serve him? Why can’t you just leave the lawsuit on the doorstep if she won’t answer the door? Most collectionGo to Resource
By Amanda K. Ashley Esq. As we continue embracing our lives and living “la vida covid,” we have few economic certainties. Here’s what we do know: collection of assessments in Colorado has slowed but has not stopped, lender foreclosures in Colorado are being significantly delayed, and many of our friends and neighbors are struggling withGo to Resource
By: Kiki Dillie For those of us that were involved with associations in the late 2000s and early 2010s, collections were difficult. The economy was in a recession and people were unemployed or underemployed. Homeowners often owed more on their homes than they were worth and mortgage companies were foreclosing at an alarming rate. CollectionsGo to Resource
A proof of claim is a document filed with the court in a bankruptcy case that registers a creditor’s claim against assets of the bankruptcy estate. A more simplified explanation is that it’s the form the creditor completes and files that tells the bankruptcy court how much that creditor is owed and why. ItGo to Resource