Addressing Tenant Bankruptcy
Bankruptcy has become a sort of national problem. Initially we were only concerned about bankruptcy and the immediate problems associated with it. But now as time passes, we are being introduced to newer aspects of bankruptcy.
For instance, I own a home so bankruptcy for me would mean other things but wouldn’t have much to do with losing the roof over my head. But what do you do if you are a tenant? Do you have to pay your rent once you’ve declared bankruptcy? This and other such issues pertaining tenant bankruptcy need to be examined now. For this purpose, a formal seminar will be held at the upcoming Inside Self-Storage Las Vegas Expo, Feb. 20-23, at the Mandalay Bay Resort & Casino. Insideselfstorage.com reports:
On Wednesday, Feb. 21, industry legal expert Jeffrey Greenberger will coach attendees on what to do when a customer files bankruptcy, including the immediate actions to take and methods of recourse. He’ll also cover recent changes in bankruptcy law and answer important questions such as whether a tenant is supposed to pay rent during his bankruptcy and if an operator is allowed to continue with lien proceedings. For more information, visit the selfstorage website.
Read more: Tenant Bankruptcy to Be Addressed at ISS Vegas Expo
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