Don't let homeowners fees and assessments overwhelm you. Your homeowners association debt may be discharged through bankruptcy. Contact our lawyers at Levitt & Slafkes, P.C., for a free initial consultation: The code states that all “fees or assessments that become due and payable to a membership or homeowners association” after filing for bankruptcy protection are exempt from karacto.xyz: Justin Harelik. This is a brief overview of how these back fees and assessments are treated in Bankruptcy. What is a Home Owners’ Association? A homeowners’ association, (HOA), is defined by Black’s Law as An association of people who own homes in a given area and have united to .