My opinion, no. But each consumer should seek their own guidance on this one. Let’s face it, attorneys are not often thought of as a source for moral guidance. Bankruptcy is an important decision, not to be taken lightly. Filing bankruptcy is a math problem, not a question of morals. But
Bankruptcy
HOAs and Bankruptcy
Homeowner Associations get a special pass in bankruptcy, based on both federal law and Arizona statutes. Consider the following example: You own a home in Mesa, Arizona, and your home is in a community with an HOA, and the monthly assessments are $50. You have not paid assessments for one