What does a landlord need to be aware of, to protect themselves when a tenant files for bankruptcy? Our tenant has been with us three + years. She is a nurse, & papers indicate she wants to continue lease. I guess so, we are under market rate, trying to help her. Since it has gone this far, we need to help ourselves now. I am leery of being locked in to 350.00 for 36 months. Will we need to get permission from trustee if we want to sell, evict, or initiate an increase??