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Updated over 7 years ago,

User Stats

65
Posts
40
Votes
Douglas Orr
  • Rental Property Investor
  • Greensburg, IN
40
Votes |
65
Posts

Have you ever used a collection agency?

Douglas Orr
  • Rental Property Investor
  • Greensburg, IN
Posted
I'm based in Indiana. And, in Indiana a LLC can only collect up to $1500 of back rent, expenses, repairs that a tenant is responsible for. Even though a judge may say they owe me $1500 could I go through a collection agency for the remainder? It seems silly that the cap is $1500 when a tenant can walk away leaving several thousand in damages, rent, and cleaning fees, etc.

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