joeynbgky said:
Ok same property management company 2 properties with the same owner......... One of his properties just went into foreclosure. and he is filling bankruptcy on the other.. The pM company is keeping the one filling bankruptcy, buta company called Focus out of florida took over the foreclosure one for the bank... Yes I do crime scene clean up.. So I put leins on both properties today myself... And Monday I will file in small claims against the PM company.. since they were the ones who hired me. Even though they are out of Indianapolis i'll get them all.. LOL And to top it off the Property manager thats in the office took a job with the new management company "on the side" and told me not to say anything.. lol
Yet you were hired by the PM right?
So foreclosure proceedings have begun on property A.
And this same owner of property B has filed for bankruptcy protection.
If he owns both buildings then a bankruptcy filing will activate a automatic federal stay where foreclosure proceedings against the other building are halted. As a matter of fact, all collection attempts against him must cease and be forwarded to the bankruptcy trustee and you basically have to "get in line", and hope there is something left for you upon liquidation of the assets. Foreclosure proceedings and bankruptcy cases can go on for a long time.
I don't see how this all makes any difference to you, since you were hired by the PM. They should pay you.
They are the ones that have a possible issue with the owner, not you.
