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Updated over 7 years ago on . Most recent reply

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489
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202
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Sean Graham
  • Investor , CPA
  • Detroit, MI
202
Votes |
489
Posts

Renters leaving early & skipping last month rent - Cook County IL

Sean Graham
  • Investor , CPA
  • Detroit, MI
Posted

I have tenants who notified me on 7/1/18 that they are leaving on 7/31/18 even though their lease expires on 8/31/18. They have not paid me July rent and they are not going to pay me August rent. Their security deposit is less than their current month. There also may be damages to the unit in which case I will need the security deposit. 

The unit is in the suburbs of Chicago. What options do I have in pursuing payment from them? Has anyone experienced this in Cook County, Illinois? Does anyone recommend an attorney to use? Should I have a creditor go after payment?

I know there are ways to avoid this in the future, but I'm hoping to find a solution for the current situation. 

Thanks in advance. 

  • Sean Graham
business profile image
Maven Cost Segregation Tax Advisors
5.0 stars
43 Reviews

Most Popular Reply

User Stats

351
Posts
273
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Matt Shields
  • Broker
  • Phoenix, AZ
273
Votes |
351
Posts
Matt Shields
  • Broker
  • Phoenix, AZ
Replied

I had a similar situation. I explained to my tenants that if they did not pay for rent and damages I would sue them, and a judgment would not only trash their credit but allow me to garnish wages. They requested a payment plan over one year which they have now paid off.

Good luck.

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