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Tenant Files Bankruptcy?

October 2, 20153 Mins read297
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Bay Area Council, Housing Bill, SB 1069,San Francisco, Bay Area
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By Tracy Green You receive a phone call telling you that one of your tenants just filed a bankruptcy. What should you do? The discussion below provides a general overview to assist landlords. 1. What is the Status of the Lease? A Chapter 11 debtor can: (i) assume the lease and continue to perform; (ii) […]

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