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/biz/ - Business & Finance

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18110914 No.18110914 [Reply] [Original]

>If you decide to simply skip out on your lease, the landlord will, in most cases, not bother actively trying to get the remainder of the lease payment from you, but will most likely put a valid black mark on your credit report if you abandon your lease and refuse to pay your obligation.

Peeps that want to move back to mom's.

>> No.18111006

>>18110914
>>If your tenant decides to simply skip out on your lease and you cant pay your mortgage, the bank will, in most cases, repossess the property you claim to own, and will most likely put a valid bankruptcy on your credit report if your tenant abandons your lease and you cannot pay your obligation. Maybe it is time to enter into a new rental agreement that more accurately reflects the current economic reality.

>> No.18111066

>>18111006
shoulda had a six month emergency fund instead of quadruple leveraging yourself into 20 properties

>> No.18111093
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18111093

>>18111006
Why don't you ask for a bailout

LMAO

>> No.18111593

>>18110914
>the landlord will, in most cases, not bother actively trying to get the remainder of the lease payment from you, but will most likely put a valid black mark on your credit report if you abandon
that can have less consequences though if a whole swath of the population does it at once

>> No.18111632

>>18111593
kind of like this situation now.