One of the risks of being a landlord is having tenants who don’t pay their rent. However, when a tenant files for bankruptcy, it creates a different set of issues. Bankruptcy can disrupt everything from collection efforts to the ability to evict a delinquent tenant. However, it is possible for a landlord-tenant relationship to survive […]
Tag Archives: chapter 7 bankruptcy information for property managers
02
Dec
Dec
Financial hardship can strike anyone at any time. Especially in the continuing struggle surrounding COVID-19, many landlords may feel the strain of months of unpaid rent or stalled eviction proceedings. When you rely on rent payments to pay your mortgage, what is a landlord to do? Bankruptcy is a last resort, but it is essential […]