Tips to Minimize Landlord's Exposure When a Commercial Tenant Files Bankruptcy

Because bankruptcy can add significant expenses and increase the time it takes to remove a delinquent tenant, landlords should not allow tenants to fall far behind on rental payments. Here are some tips on how to address the issues raised by a bankrupt tenant.

5 minute read February 01, 2020 at 12:07 AM
By
Carmen Contreras-Martinez
Tips to Minimize Landlord's Exposure When a Commercial Tenant Files Bankruptcy

Landlords often have clues that a tenant is going to be filing for bankruptcy, rental payments are consistently late several months in a row and the tenant falls more than a month behind on the rent.

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