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Tenant left owing 3 months rent then files for bankruptcy

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Author Topic: Tenant left owing 3 months rent then files for bankruptcy  (Read 85 times)
Newbie
Posts: 2

I like property

« on: November 20, 2019, 11:05:53 PM »

Hi there,
Any advise appreciated,  I have a property managed by a letting agent which became vacant 3 year ago the letting agent said he has a tenant in another property he manages looking to move and likes my property he came recommended by the agent who said he looks after his property and pays his rent on time, I gave the go ahead and the agent did all the necessary and the tenant moved in.
Although he looked after the property he soon started to be hit and miss with the rent I was assured by the agent that because he was self employed he might have the odd month missing rent but would always make it up,  long story shorter, 3 month ago he handed his notice in owing approx 2500 the agent said he was going to pay 100 pw until his arrears were paid off, needless to say he hasn't paid a penny and the agent has been unable to contact him,  the agent then contacted me to say the tenant had filed for bankruptcy although the bankruptcy was in a Ltd Co name and the tenancy was signed by him personally, the agent has managed to get approx 600 back from the deposit so the liability is approx 1900
The agent says he has a correspondence address for him which he thinks is his mother's address and believes he is still using the same mobile number, I was considering a Ccj against him, would this be a sensible route or not or would another route be advised

Thanks
Pjpainter




Hero Member
Posts: 737

I like property

« Reply #1 on: November 21, 2019, 09:44:12 AM »

It all depends on what assets he has.Unless he owns a property,which is unlikely,you are not going to get anything back. In any case,the tax man always gets first dibs. He is self-employed,which will make it even harder.If you want the CCJ to affect his future ratings,I think the bankruptcy should warn off future landlords and creditors.
Newbie
Posts: 2

I like property

« Reply #2 on: November 21, 2019, 04:07:38 PM »

thanks for the reply,
I half know its probably throwing good after bad, but for the sake of 100 if it causes him a little grief at some point along the way it may make him think twice before cut and running again
Hero Member
Posts: 737

I like property

« Reply #3 on: November 21, 2019, 04:18:50 PM »

That's an intelligent way of looking at it.You have set a limit,and it might put a spoke in his wheels further down the line.It's the people who line the lawyer's pockets seeking redress who are daft,but it's easy to let that happen. 
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