If a tenant files for bankruptcy…

If a tenant files bankruptcy and includes rent in the bankruptcy action, an “automatic stay” goes into effect. This means that no legal action can be taken against the tenant without the permission of the bankruptcy court. Even if an eviction action has already been started, the property cannot be recovered without the approval of the bankruptcy court and this can be an extended process.

About Coldwell Banker Bain Property Management

As residential property managers for Coldwell Banker Bain Property Management Division, we manage single family residences, individual condominium units and small apartment complexes in the greater Puget Sound region. We serve Seattle, Tacoma, Anacortes, Marysville, Bainbridge Island, Lynnwood, Everett, Redmond, Bellevue and many other cities in Washington State. We also offer full service commercial property management.
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