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Expired Statute Of Limitations Saves Homeowner $45K+; Stale Debt Too Old To Be Enforced, Says Judge About 30+ Year Old HOA Claim

By r morris

In Ellicott City, Maryland, The Baltimore Sun reports:Sometimes it pays to be stubborn. For more than 33 years, Joseph and Shirley Poteet ignored annual Columbia Association bills and later threats of possible foreclosure for not paying the community's unofficial property tax fees that accumulated to more than $45,000. Now, a Circuit Court judge has thrown out the homeowners' association claim as

Full post as published by The Home Equity Theft Reporter on December 08, 2009 (boomark / email).