I have a tenant that has just declared bankruptcy. What will this mean for the prospect of getting my rent this month. I got it last month. What if anything should I do now? :shocked


Generally speaking a rental is not included in bankruptcy, however your next payment may be a few days to a few weeks late as at the time of filing the bankrupt party can not have any cash to speak of in the bank and must temporarily stop paying all bills until the bankruptcy petition is excepted by the court. 

Ask the tenant what the delay time is estimated to be by there attorney? And when you can expect May’s rent? April’s Rent or May’s Rent?? April’s should have been paid 23 days ago!

The tenant needs to get there attorney to call you or provide there attorney’s phone number if they can’t give you a correct answer.