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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Jerald A Wilks
  • Geneva, NY
1
Votes |
7
Posts

Collecting rent from tenants who break leases & vacate

Jerald A Wilks
  • Geneva, NY
Posted

I now have three tenants that have broken their leases and vacated their apartments leaving me with approximately $5K in uncollected rents. I know I can proceed legally towards judgements, the cost of which gets me to just over break even and i still wouldn't have any cash for my efforts.

Does anyone have experience with other approaches such as collection companies or selling accounts receivables

Thank for any help that you can provide

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