Stark & Stark Shareholders Present Collections Seminar on New Jersey's Community Associations
A. Christopher Florio, Shareholder and Co-Chairperson of Stark & Stark's Community Association Group, and David J. Byrne, Shareholder and Co-Chairperson of Stark & Stark's Community Association Group, presented materials related to community association foreclosures, rent receivers and mortgage foreclosures, along with money judgment collection actions and asset executions, during a seminar entitled "Protecting Associations & Improving Collection Efforts in a Difficult Real Estate Market & Challenging Economy", held November 11, 2009.
Mr. Florio and Mr. Byrne focused their presentation on when New Jersey's community associations should file their own foreclosures, and how those foreclosures are prosecuted and managed. They discussed community association rent receiverships, and how they serve to aggressively and creatively aid a community association in its collection of unpaid assessments. They also discussed how community associations should be handling and protecting themselves in the face of mortgage foreclosures given our current economic climate.
You can listen to the full presentation online here.
