The Value(s) of Foreclosure Law Reform? - Credit Slips
...it seems impossible to treat foreclosure law as entirely distinct from broader questions of housing policy and community development. Incorporating these broader questions means asking about the shelter needs of foreclosure defendants, the disruption in education for kids in enrolled in public schools, and externalities such as neighbors' property values, declines in local tax revenues, and other community effects.
Law prof Melissa Jacoby is talking about mortgage foreclosure, but I think the same thing should be said about HOA/condo foreclosure. There is more at stake than bill collection.