Holiday, Car, Clothes, or other "bad" debt? Or

Whether or not the debtor has the money and the Association has the funds to pursue is another story.

Those are very different things -- one is debt (loan) and the other is equity (partial ownership and shared risk/reward).You need to figure out if what you're providing is debt or equity.  

Make that part of your purchase and sale agreement, if you give him the money to pay the debt or pay management directly on his behalf and he backs out, no recourse. 

If I am not mistaken if the "Developer" on "their" letterhead performed the work and have not been paid...the debtors can only go after whomever was contracted to pay.The debtors may have rights to lien the property depending what the lien laws are in that particular state.  

Debtor has filed bankruptcy twice in 2013 --- both times dismissed. 

Medicaid, other debtors, etc.Also, the aunt's finances aren't that shaky if she has a $120,000 house she can give away, and your finances aren't that shaky if you just got that huge gift - pay the damned debt.

In California judicial foreclosures, the redemption period is: 90 days, if the proceeds of the sale are sufficient to satisfy the debt, or one year, if the proceeds from the sale are insufficient to satisfy the delinquency (Cal.

For example, since Ohio has no series LLC statute, as creditor's attorney I'm making a strong argument that Ohio does not recognize such an entity and that it's against this state's public policy to allow debtors to escape liability like this.

I mentioned that the debtor does own another property valued at about $40,000.