gobigblue98
New Member
We are six months into a 3-year lease agreement on a house and our landlord has notified us that he has filed for bankruptcy. We assume that his lender will take possession of the property. What will be the outcome of this for us as the tenant? Will the lender or lien holder be required to honor the lease or do we need to contact them in an attempt to make special arrangements to remain in the house for the complete term? Furthermore, the landlord has stated that we should no longer pay rent to him. To who should the rent be paid and is there even anyone out there expecting our payment?