In these hard times tenants and owners are filing bankruptcy. According to legal counsel this is what happens when tenant files bankruptcy. In a bankruptcy the tenant is exempt from  paying rent or other creditors. A bankruptcy may run a year or more to sort out. This proved too much of a hardship on landlords. The tenant enjoying use of the rental without paying rent for over a year.

A law was passed -I don’t know when- to give landlords relief. You may petition the court for bankruptcy relief. You must hire an attorney that performs this service. It will cost $1000 more or less. In about six weeks you should be granted relief from the bankruptcy. Then you can start an eviction.

What happens when an owner files bankruptcy?  The lease is not cancelled and the tenant must continue to pay rent. Property managers can still manage the property. They may be dealing with the referee rather than the owner.

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