Commercial tenant in hospital on life support

[Michelle R.]

This morning I sent an email to a tenant who is late on November and December rent, with January coming due. I deposited their November rent check which came on 12/20 and it bounced. The email stated they must become current on at least November and December with a strict deadline. They had a previous bounced check as well. About 2 hours later I received a call from the tenant's son stating his father is on life support in critical condition. What is my next step? This is a dental practice which has only the one dentist, a hygienist, and receptionist working there. The tenant's home was sold at sheriff's sale several months ago. I checked Pacer and he has not filed bankruptcy as yet. His son is an attorney. We just bought this property six months ago and it barely meets the DSCR. We have never been in this situation before so I am hoping for some advice before I reach out to our attorney.

[Richard Sherman]

I would start the process on eviction and getting a judgment asap.  i.e. get an attorney who does these things.  OR I might talk to the son first and say "I am so sorry and really hope your father pulls through.  How can we best unwind this issue with the property?"  It could be they want out as well but are worried about logistics, lease break issues and fees etc.   It sounds like something else was going on though if his house was sold several months ago.