Foreclosing on a bank - Is this the best option?

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By: Ashley M. Nichols

In April, I wrote a newsletter article entitled The Association’s Superlien: What Was it Intended to Be, What Is It, and Where is it Going. Now that you know more about the superlien, what can your association’s do to collect it … and collect it quickly?  The answer is to simply foreclose on the lien if it hasn’t been paid.  Read our full blog post to find out if foreclosing on a bank is the best option.