Surrendering rental house with tenants
Posted: Wed Dec 16, 2009 2:16 pm
Client filing C7 owns house, not principal residence, used to rent to
tenants. The house is currently occupied by tenants. Client wants to
surrender the house. I'm concerned about implications for his liability,
and mine, to the tenants in doing so, as opposed to making the bank
foreclosure. Should the statement of intent say "surrender" or retain and
pay, followed by his default and foreclosure?
What are your thoughts?
Thanks.
____________________________________
Law Office of Matthew Gary Evans
Matthew Gary Evans, Esq.
16 North Marengo Avenue, Room 219
Pasadena, California 91101
Tel.: (626) 405-9448
Fax: (626) 768-7565
Cell: (213) 842-6645
Email: matthew@matthewgaryevanslaw.com
www.matthewgaryevanslaw.com
www.matthewgaryevanslaw.net/Bankruptcy
please visit my blog at matthewevanslaw.wordpress.com
Member: California State Bar, American Bar Association, Consumer Attorneys
Association of Los Angeles, Central District Consumer Bankruptcy Attorneys
Association, National Association of Consumer Bankruptcy Attorneys, Pasadena
Chamber of Commerce
NOTICE: This message is intended only for the individual named. If you are
not the named addressee please do not disseminate, print, or copy this
e-mail. Please notify the sender immediately by reply e-mail if you have
received this e-mail by mistake and delete this e-mail from your system.
Thank you.
The post was migrated from Yahoo.