General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Tenant question
My tenant claimed bankruptcy for back rent on may 12th. By law I believe she has to pay June rent. I applied for a stay with the bankruptcy court which will be heard on June 11th. There is an eviction hearing pending in civil court and is on hold pending the stay from bankruptcy court. Question, do I accept the June rent? I'm in NJ. My fear is that if I'm granted an eviction she will change the bankruptcy from chapter 11, reorganization to chapter 7 where I will get nothing. I don't see eviction court prior to July. Thoughts?