Tillis Introduces Bill to Provide Landlord-Tenant Bankruptcy Relief in Response to the Coronavirus Pandemic
The pandemic has made it difficult for businesses to meet their necessary obligations, including paying rent on time, which in turn creates difficult financial scenarios for both tenants and landlords. Under the existing law, both landlords and tenants have little flexibility when addressing any sort of relief. My legislation will make necessary changes to the old law, allowing more time, flexibility, and compromise for landlords and tenants.