Tenant bankrupt: Now what?
You rip open a nondescript white envelope and review the single page notification enclosed within entitled “Notice of Bankruptcy Case Filing.” Your commercial tenant has filed bankruptcy. The notice also admonishes that any attempt to collect debts during the pendency of the bankruptcy could be a violation of the Bankruptcy Code’s “automatic stay.” The automatic stay is imposed immediately upon the filing of a bankruptcy petition to protect debtors from creditor ha
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