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Updated almost 4 years ago,
Collection Agencies to Use for Tenant Balances Owed
I’m looking for assistance or any ideas on how to deal with tenant default, breach and move out balances owed. Obviously tenants that break leases, leave property in shambles, etc and create damages above and beyond the amount of security deposit will owe a balance. Some of these balances can be significant and some are maybe a couple hundred dollars.
I do not have the time to chase down these tenants through small claims courts etc and thought maybe there is a method that could be recommended. I think if there’s an amount appearing as a negative on their credit bureau that eventually you might see some money. However finding a reputable collection agency to deal with this has always been a problem. They seem to just disappear and borderline unethical.
Does anyone have a method they use to facilitate the collections of these balances?