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They should have to pay the total amount due. The rest of the rate payers are the ones that have to end up paying for them writing off their bad debt.
Agreed. When they sell they should be made to pay the entire amount owed. Place liens against the properties.
Our state legislators who cut off cities at the knees also share a lot of the blame for bad landlords.
Exactly.
How do companies get away with doing this? What we have is essentially theft. They kick people out of their apartments who do not pay their rent. How were they allowed to build up such a debt without someone going to jail? While the company get ahead, the taxpayers bail them out. If there was jail time against this theft, perhaps it would end. Yet another way our country is broken.
So these companies will get most of there payment, as they are due, but what will happen to all these people in these low income apts?
They will hopefully have new and improved owners and management services who will pay the bills
The apartment complex in Nora was a complete disaster. I knew a guy that lived there for 4 years. So many horror stories… at least we got them out of the state for 7 years. Probably be out of business or already are by then.
Does it cover the apartments in Nora? Yes, the dirty dogs should have to pay up and not leave taxpayers paying for their poor management and all the city’s legal costs!