If my roommates are filing for bankruptcy and I am on the lease, how will this effect me?
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If my roommates are filing for bankruptcy and I am on the lease, how will this effect me?
And what is my best course of action?
Asked on June 22, 2014 under Bankruptcy Law, Tennessee
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
If the rent is not paid as per the lease, the landlord may evict anyone who does not have a stay due to filing bankruptcy; so if the rent isn't being paid, if you have not filed for bankruptcy, you could be evicted. (Note: the landord could also sue you for the rent.) The stay your roommates will get from eviction due to filing bankruptcy is not forever; in landlord-tenant cases, it usually only stops evictions for a matter of weeks, or sometimes a few months.
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