Why is it that association attorneys pester their clients to have them file documents with the court, spending association money that it may well never recoup? You might be thinking: “That’s easy – lawyers like the extra work because they love money.” While you’re not entirely wrong about that, the real answer is that your attorney is doing his or her duty to ensure that the board members protect the association’s financial interests.
But how does getting involved in the foreclosure process protect the association’s interests? In sum, by helping to possibly get money flowing back into the operating account as soon as possible using one of these two methods.
Read the full article at our blog here.