Recently, JP Morgan Chase, the third largest home loan servicer in the United States, announced that it has frozen all of its pending foreclosure cases, so that it may review the accuracy of documents filed with the courts. In response to this news, many association board members and property...
Collections
Collection Action Pays Off!
In 2009, Kaman & Cusimano, LLC collected over Three Million, One-Hundred Thousand Dollars ($3,100,000.00) in 2009 for its community association clients! This figure represents all money collected as a result of bankruptcies, foreclosures, and liens for which we handle the payoffs. It does NOT include the money recovered by...
Foreclosures Lead to Rise in Homeowners’ Association Fees
Recently, WKYC Cleveland ran a “focus” story entitled “Foreclosures Lead to Rise in Homeowners’ Association Fees” featuring Kaman & Cusimano, LLC Attorney David Kaman. The story details the plight of Ohio’s associations in the event of a foreclosure and highlights the grassroots effort to pass a “Super Lien” in...
Super Lien Status Update
Associations Left Empty-Handed After Foreclosure
This past weekend, the Cleveland Plain Dealer ran a front page story on condominium sales in Ohio. Stagnant condo sales often have a negative impact on the association and the surrounding condominium community. In response, Ohio’s community association boards have been working tirelessly to preserve their community’s property values...