HOA Debt After Foreclosure
I live in California. I filed Ch.7 a year ago. I have paid neither mortgage nor HOA for more than a year. Thus I owe post-petition association fees. I have tried to modify my loan on this 2nd rental property, but I feel that I may have to let this home go either through foreclosure or short-sale. I do not know whether I have to pay post-petition association fees that will exceed $3000 by the foreclosure or short sale date.
This is going to be a real hardship, since the property has been vacant for a year, know. What are the chances that the Association may file a deficiency judgment after foreclosure or short-sale? Thanks.