Assertion: tenant | /r/CapableOf | file for bankruptcy
Facets:
value: prior to the landlord
type: OTHER
value: after being served an eviction notice
type: TEMPORAL
Source sentences:
text: If the tenant files for bankruptcy on the 15th day of the month, the rent for the entire month, including the remainder of the month after the tenant files, is considered pre-petition rent.
text: A provision stating that if the tenant files bankruptcy, the lease is breached and the tenant can be evicted is forbidden.
text: Renters who file for bankruptcy have the option of rejecting or assuming the lease.
text: So the good news for landlords is that tenants who file for bankruptcy don’t get to just stop paying their rent; but any rent that was past due will take some time to collect.
text: It’s difficult to predict if and when a tenant will file for bankruptcy; but if you get the sense that it’s a possibility, begin the eviction proceedings ASAP.
text: It’s difficult to predict if and when a tenant will file for bankruptcy; but if you get the sense that it’s a possibility, begin the eviction proceedings ASAP.
text: Pursuit of the eviction should cease once a landlord becomes aware the tenant has filed for bankruptcy.
text: As soon as you find out that your tenant is filing for bankruptcy, you can file your own petition with the court.
text: The tenant will still be responsible for any debt owed to the landlord before they filed for bankruptcy, but they will not be responsible for any new charges.
text: What you are unaware of is that while you were patiently waiting for the tenant to stop making excuses and pay the delinquent rent, the tenant had other ideas, and filed bankruptcy.
text: Under the old bankruptcy laws, tenants who filed bankruptcy after being served an eviction notice, or even immediately after a judgment was rendered, could remain in the property for months under the protection of the ‘stay’.
text: When a tenant files bankruptcy prior to the landlord obtaining a judgment order for eviction, the old bankruptcy rules apply and the stay remains effective.
text: Dealing with a tenant who has filed bankruptcy is a delicate matter that should only be handled by a skilled attorney experienced in bankruptcy and collections.