Bankruptcy, landlords and tenants

Landlords must be careful when dealing with tenants who file for bankruptcy relief. Depending on when the tenant files his or her bankruptcy petition and whether or not he or she is past due on the rent payments effects how the landlord can proceed with regard to eviction. Prior to the changes in the bankruptcy code in 2005, landlords had little choice when their tenants filed bankruptcy but now that is not necessarily the case.

To find out how bankruptcy effects a landlord’s right to evict read, “Can a Landlord Evict a Tenant in Bankruptcy?.”