News & Events

news & events / 02.24.25 /Eric P. BlahaandKenneth R. Jacobs

Join Us at the Co-op Expo on March 4!

We will be discussing: Dealing with Delinquencies – New Ways for Boards to Speed Up the Collections Process with Ken Jacobs , Eric Blaha & Ryan Houck

📅 Date: March 4, 2025
⏰ Time:2:00 pm – 3:00pm
🔗 Event: Co-op Expo- Register here

The 2019 Housing Stability Act caused major delays in collecting co-op arrears, and the COVID pandemic quintupled the problem. With the courts still backlogged and every shareholder entitled to an attorney, boards need to understand what tools and recourse they have to uphold their fiduciary duty and speed up collecting the monies owed.

Condo boards have fewer tools than co-ops but still must pursue arrears and keep their communities financially solvent.

This seminar will outline:
✔️ The leverage boards can use to speed up collections before full foreclosure
✔️ Bylaw changes that can provide more help
✔️ Resources available to guide boards to a successful outcome

Learn more at Co-op Expo and join us on March 4!