Arent Debt News Today

Rent in L.A. was never canceled during the pandemic — only delayed. The city’s renters have until Feb. 1 to get all caught up.

L.A. continues to push out their message that "help is available" to ensure that tenants remain housed -- as Angelenos face a deadline to repay rent.

COMMERCIAL landlords and tenants will be familiar with the existing legislation which protects commercial tenants from eviction until March 25 next year.

The change is one of the last steps of an "off-ramp" lawmakers crafted to wind down a state moratorium on evictions enacted during the pandemic.

Just not terrible. we could worsen the health crisis and the economy if we dont find a solution. >> lets talk about the landlord side of this. because when people close their eyes and they think landlord, they think its some big business that has all sorts of money, but thats not necessarily the case. you are suing the government for $26 billion in rent debt. you work with landlords day in and day out. what has the pandemic been like for them? >> the pandemic has been stressful, regardless of if...

Ohio. look at that california governor gavin newsom says the state will foot the bill for all unpaid rent approved during the pandemic. the states eviction ban is set to expire at the end of the month. extend the date until unemployment reaches pre-pandemic levels. the federal government approved $5.2 billion to pay rent debt. parents in randolph county, new jersey, fight back against cancel culture and guess what? they win. the local school board reverse ago decision to remove all holiday names...

But beneath the surface, theres lots of problems lurking. people having to aggressively chase debt, landlords have let people off with rent, business—rates holidays, things like that, theyre now coming to the surface. all these things will precipitate a massive amount of failures in the hospitality business. and those icebergs start arriving at the end of this month. this delay doesntjust prolong the loss—making agony — its actually worse than that. at the beginning ofjuly, government supp...

The rent debt is about 2.5 billion government—backed loans 6 billion, and then theyve been deferring payment of vat and paye so that the amount they have to pay to the exchequer, crown debt, that is also a significant amount. crown debt, thats also a significant amount. the shadow of debt will run alongside the industry for many years to come. if we dont have financial support, i dont want to think _ about what the alternative is. nightclubs like this one in digbeth havent been able to open at...

With the federal eviction moratorium due to expire at the end of the month and rent relief programs failing to reach those who need it most, an eviction crisis still looms.

Faced a huge burden of rent debt, with £2.5 billion coming due on the 1st ofjuly, and she called for the moratorium on court action over unpaid rent to be extended. so we urgently need those moratoriums extended. we are two weeks away from the next quarter rent day. we need that extending as a matter of urgency, and then we need the government to work with us, with lenders, landlords, leasees and investors to be able to get a solution to this rent debt, to have it rescheduled over a longer peri...