One Continuing Education Credit Available
Learn how a contested Chapter 11 condominium association bankruptcy resolved several issues in one community. In this one-hour case study, you’ll review how the condominium association’s bankruptcy declaration settled a decade-long dispute involving disgruntled unit owners; restructured $8 million in secured debt; replenished reserve funds; improved existing contractor and creditor relationships; wiped out more than $25 million in counterfeit claims; and more. This webinar provides all homeowners, community association board members, and community managers with a practical overview of common financial problems within associations that can lead to bankruptcy, and advice on how to avoid and resolve similar dilemmas.
Members: USD $69.00
Non-Members:USD $99.00 (Join CAI and Save!)
Learn how a contested Chapter 11 condominium association bankruptcy resolved several issues in one community. In this one-hour case study, you’ll review how the condominium association’s bankruptcy declaration settled a decade-long dispute involving disgruntled unit owners; restructured $8 million in secured debt; replenished reserve funds; improved existing contractor and creditor relationships; wiped out more than $25 million in counterfeit claims; and more. This webinar provides all homeowners, community association board members, and community managers with a practical overview of common financial problems within associations that can lead to bankruptcy, and advice on how to avoid and resolve similar dilemmas.
Topics
- What led the condominium to default and what could have prevented bankruptcy?
- Lessons learned during the bankruptcy
- Getting over hostilities within the community, recovering financially, and sticking with the proposed plan to move forward
2018 Webinar Sponsor:
Continuing Education Credit
This program provides one credit per hour toward:
- Certified Manager of Community Associations recertification
- Association Management Specialist redesignation
- Professional Community Association Manager redesignation
To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.
Registration Information
All registrants will have full access to this on-demand, online recording for 120 days.
Manager Certifications and Designations
Certified Manager of Community Associations (CMCA®) / Association Management Specialist (AMS®) / Professional Community Association Manager (PCAM®) / Large-Scale Manager (LMS®)
Management Company Designation
Accredited Association Management Company (AAMC®)Service Provider Designations and Distinctions
Reserve Specialist (RS®) / Community Insurance and Risk Management Specialist (CIRMS®) / Educated Business Partner
