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North Carolina Real Estate Q&A Discussion Forum
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Updated over 7 years ago, 08/30/2017

User Stats

42
Posts
16
Votes
Jared Cauffield
  • Rental Property Investor
  • Columbus, OH
16
Votes |
42
Posts

Help! Tenant in Bankrup

Jared Cauffield
  • Rental Property Investor
  • Columbus, OH
Posted

Hi BP North Carolina!

I need your help!  My brother owns a condo in the Fayetteville, NC area and recently got a letter from his tenant's lawyer stating that they have filed bankruptcy and that he could not directly communicate with the tenant until the bankruptcy was complete.  Is this true?!?!?

He is a veteran and recently got divorced.  He had to move back home with my parents in Ohio and relies on his tenants rent check to pay his mortgage.  Right now I am looking for options for him to turn this property around.  Do any of you have any suggestions?

Thanks,

Jared

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