BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Dealing with a residential tenant’s bankruptcy in New York City (NYC) requires careful navigation of both bankruptcy laws and landlord-tenant regulations. Bankruptcy proceedings can significantly impact a landlord’s ability to pursue rent payments and eviction. Here are steps to take when dealing with a residential tenant’s […]
Category: U.S. Bankruptcy Laws
Dealing with a commercial tenant bankruptcy in NYC
BY JOHN KIRITSIS, ESQ., CPA, MBA, MS, JD, LL.M Consult Legal Professionals: Engage with legal professionals who specialize in bankruptcy and commercial real estate law. Bankruptcy proceedings are highly regulated, and it’s crucial to have legal guidance to navigate the process effectively. Review Lease Agreement: Thoroughly review the lease agreement to understand the […]