Found out onlline my apartment owners filed chapter 13 bankruptcy. Do I need to worry ?

i found out online my apartment complex owners filed a Chapter 13 bankruptcy in March 2009. The story online says all their assets will be sold at auction to pay creditors. I have not been informed of this by my landlord but we did get a notice of an inspection in 2 days.
Is their a chance I could get evicyed because of the place beng sold because of bankruptcy ? Do the new owners have to legally honor my lease ?

Technorati Tags: apartment, assets, auction, beng, chapter 13 bankruptcy, creditors, landlord

Posted January 7th, 2010 in When To File Bankruptcy. Tagged: apartment, assets, auction, beng, chapter 13 bankruptcy, creditors, landlord.

2 comments:

1. kemperk:

   no, no, and no

   yes the new owners do.

   available to guide you further

   January 7th, 2010 at 2:12 am
2. Kamal:

   Once property is foreclosed on, you are protected for 90 days from being evicted as per new law. Here is a link, please read:
   http://thomas.loc.gov/home/gpoxmlc111/s896_enr.xml

   January 7th, 2010 at 2:12 am

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