Received tenant chapter 13 bankruptcy notification

[Nick M.]

I received a letter in the mail today indicating that my tenants have filed for chapter 13 bankruptcy. The one year lease ends at the end of April but in previous discussions with tenants they indicated that they would like to continue to stay another year. They have not always paid on time but are up to date with rent for having been renting from me for two years. Does anyone know what it means ( for me ) that the tenant has filed for chapter 13? There is no outstanding debt they owe me. Can future rent payments be at risk or does this bankruptcy paperwork protect them from having to pay rent going forward? Should I try to get the out by the end of the term ( end of this month)? Any thoughts are greatly appreciated Thank you.

[Tracy D.]

Remember not to do anything that would even remotely resemble trying to collect a debt when you are speaking with them if you are going to take the above advice.