Legal Question in Real Estate Law in Illinois
If an apartment complex is in teh process of bankruptcy can they legally keep taking rent payments?
2 Answers from Attorneys
Yes they can. You are legally obligated to continue to pay rent until you leave or are evicted.
If you are served with notice you may be required to pay whoever is in the notice, like a court receiver. But yes as Ms. Palmer says.
The response given is not intended to create, nor does it create an ongoing duty to respond to questions. The response does not form an attorney-client relationship, nor is it intended to be anything other than the educated opinion of the author. It should not be relied upon as legal advice. The response given is based upon the limited facts provided by the person asking the question. To the extent additional or different facts exist, the response might possibly change. Attorney is currently licensed to practice law actively only in the State of Illinois, inactively in Florida. Responses are based solely on Illinois law unless stated otherwise.