On June 30, 2020 Senate Bill 20-211 was signed into law. Senate Bill 20-211 prohibits certain collection actions until November 1, 2020 namely garnishments, levying bank accounts or executing on a Court judgment. The Act is intended to assist those financially impacted by COVID-19.These collection limitations apply to Common Interest Communities. While there is no requirement to cease collection of delinquent homeowner accounts, all collection actions need to follow the new Act. You can read the Act by clicking here. Continue Reading below…
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