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Updated about 9 years ago on . Most recent reply

Terry Brennan's profile image
Terry Brennan's profile image
Terry Brennan
  • Real Estate Agent
  • from Blackwood, New Jersey
  • Member since Aug 16, 2013
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38
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7
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Terry Brennan's profile image
Terry Brennan's profile image
Terry Brennan
  • Real Estate Agent
  • from Blackwood, New Jersey
  • Member since Aug 16, 2013
Connect
Terry Brennan
  • Real Estate Agent
  • Blackwood, NJ
7
Votes |
38
Posts
General Landlording & Rental Properties

Tenants filed for bankruptcy, What does this mean for me?

Terry Brennan
  • Real Estate Agent
  • Blackwood, NJ
Posted

I just received a document in the mail stating that my tenants have filed for chapter 13 bankruptcy. How will this effect me? They are in good standings on their rent and always pay onetime, on the docs it also states that the current lease will be assumed. Also, How will this effect the eviction process if they decide not to pay anymore?

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