- Jurisdiction
- Colorado
We recently evicted a tenant at a commercial property for non payment of about $30k of back rent. I've asked several times what his plan is for repayment, not surprisingly, he indicates no plans. Just hoping we'll give up.
I think he does not currently have enough cash to pay, but he will be selling his house soon. The lease contained a personal guarantee. I'm wondering if this might be our only opportunity to collect. We've never had a bad tenant before, so no experience in this process. Is there a way to file a lien or otherwise route some of the home sale proceeds to this back rent debt?
If not, any advice for attaching future wages? Just no idea how to proceed.
thanks
I think he does not currently have enough cash to pay, but he will be selling his house soon. The lease contained a personal guarantee. I'm wondering if this might be our only opportunity to collect. We've never had a bad tenant before, so no experience in this process. Is there a way to file a lien or otherwise route some of the home sale proceeds to this back rent debt?
If not, any advice for attaching future wages? Just no idea how to proceed.
thanks