Here’s the situation…
Bought the park a few weeks ago. 1 tenant that owns title to the home hasn’t paid lot rent since October 2012. Attorney has already filed correct paperwork and we have a court date set. They owe about $1640 including all late fees and filing fees. Apparently, they have some medical issues… I already offered to buy the home, but they are not interested and have no other place to go. The tenants have lied multiple times to the manager about when rent would be paid. Should I:
A.) Go after all back rent even though I didn’t own the park back then and risk not collecting anything from the judgement? Aka… the judgement may not be worth the paper that it’s written on.
B.) Offer a deal for them to get current and stay current? If so, what kind of a deal?