One of the last things any landlord wants to deal with is a tenant who files for bankruptcy. Unfortunately, the likelihood of this happening has increased since the pandemic due to the increased economic uncertainty. A tenant filing for bankruptcy may mean a struggle to claim unpaid rent—and it throws future rent payments into question….
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How to Handle a Tenant Who Files For Bankruptcy
One of the last things any landlord wants to deal with is a tenant who files for bankruptcy. Unfortunately, the likelihood of this happening has increased since the pandemic due to the increased economic uncertainty. A tenant filing for bankruptcy may mean a struggle to claim unpaid rent—and it throws future rent payments into question….