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How to get blood from a stone

By: Series: Estates Gazette ; (0202) 12 January 2002, 89(1)Publication details: 2002Subject(s): Summary: Briefly examines the options available to landlords to recoup their losses when their commercial tenants fail to pay rent. Depending on the reasons for non-payment, the landlord may not be able to recover the rent until other creditors such as the Inland Revenue, Customs & Excise, the employees and the insolvency practioners have been paid their due. Lists the various ways that landlords can claim their money and suggests using a combination of these for best effect though advice should be sought in difficult cases.

Briefly examines the options available to landlords to recoup their losses when their commercial tenants fail to pay rent. Depending on the reasons for non-payment, the landlord may not be able to recover the rent until other creditors such as the Inland Revenue, Customs & Excise, the employees and the insolvency practioners have been paid their due. Lists the various ways that landlords can claim their money and suggests using a combination of these for best effect though advice should be sought in difficult cases.