New Jersey Bankruptcy Court Rules Chapter 13 Debtor Only Required to Pay Condominium Six Month Lien Priority

New Jersey Bankruptcy Court Rules Chapter 13 Debtor Only Required to Pay Condominium Six Month Lien Priority

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.