Has this actually been put in place nation wide to block evictons? I just had my first tenant bring this up. Ive seen the headlines but havent had any luck finding the specifics of it anywhere.
Im trying to see if garnishments can still be pushed through if this becomes an ongoing issue beyond april. I will work with the people that are actually displaced and have good history but feel that there will be some that use this to their personal benefit.
My renter in question didnt realize that the balance would be carried forward... i think he was under impression its a freebie and forgiven.
Rental Property Investor · Northern, CA · Member since 2012 · 5k+ posts · 5k+ votes
6y
@Blake Garcia Trump's directive only temporarily suspended evictions at HUD-owned properties. It didn't apply to your properties, my properties, or the properties of anyone else posting on here. (Though some individual cities may have their own eviction moratoriums at the local level.)
Investor · Greer, SC · Member since 2014 · 13k+ posts · 17k+ votes
6y
Even if evictions are not postponed where you are, courts may not be available to here the case. Also they may be sympathetic to the tenant and not allow you to throw them on the street with no where to go.
We as landlords are not in a good position.
If you do get a court date tell the judge about your bills pilling up and how you can't pay the mortgage and that this may cause irrevocable harm when you get foreclosed on or owe extra fees and penalties at best.