To Foreclose or Not to Foreclose; That Seems to be the Question

Never in more than 20 years has ALS experienced a time when assessment collection has been as complicated and difficult as it is today. Many boards of directors are unsure as to what to do when an owner is not paying their association or the senior lien holder/lender is not prepared to foreclose. David Swedelson has prepared an article setting out the analysis that is required to assist boards in making what is truly a difficult decision. Follow this link to read this article, and feel free to share this with your board of directors and/or other managers.