comicbookman
TUG Member
At least at stonecastle HOA at Glade, the vote to use the reserves to cover 2026 specifically says any 2026 prepaid maint fees will be refunded to members. To me that means the members that paid it, not their successors, if they take the CWA swap. It should happen quickly, but yes the court will still need to approve it.Do we know the timing yet of the bankruptcy filings? Could that impact any of this? I would think they would want to complete any refunds of prepaid 2026 fees prior to filing in federal bankruptcy court? I doubt we will see any refunds to CWA swaps unless they prepaid 2026 fees. Can they do the CWA swaps once they file the bankruptcy in federal court? Once filed, just about anything monetary would need approval by the court. I would think that would apply to CWA swaps too?
