How Debts Are Collected In Commercial Property Management

The recent economy has left many businesses devastated. In general, when a business goes out of business, the commercial property management company is left to pick up the pieces. This means that you will need to take legal action in order to get everything in order. Debts can be secured from:

• Property owners who have been foreclosed on
• Property owners who have had legal action taken against them
• Tenants who were evicted
• Tenants who broke their contracts
• Government clients who ran out of money
• Nonprofits who lost their funding