Bankrupt Tenant Fact Sheet Released

Photo: Nino Barbieri

Photo: Nino Barbieri

A new resource informs landlords about what happens when a tenant files for assignment into bankruptcy.

Landlord’s Self-Help Centre, a non-profit organization that provides information and summary advice to small-scale landlords, produced the fact sheet.

It explains bankruptcy procedures, different types of creditors, and offers tips. For example, the trustee in bankruptcy becomes the tenant, along with the actual tenant to the date of the assignment into bankruptcy if a Notice has been filed.

The sheet is available from Your Legal Rights, and Landlords’ Self-Help Centre.

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