By: Angela M. Morisco, Esq.
In a published opinion dated June 11, 2015, the U.S. Bankruptcy Court for the District of New Jersey ruled that since the condominium owners' mortgage was under water, the condominium association's claim under the Chapter 13 was limited to payment of the six month lien priority only.
The decision can be accessed here:
In re: MARK and RONDA RONES, Debtors. Case No. 14 ...