Workouts :

If you are a Tenant and behind on your lease payments, then you need to develop a strategy for working with your Landlord.

If you are a Landlord and have Tenants falling behind on rental payments, then you need a strategy to keep your Tenant and your income stream.

Workouts are involved and may include legal analysis as well as economic analysis.

Our goal, whether it is working with the Landlord and its team or with the Tenant and its real estate agent, is to determine what can be done to keep the Tenant in place and a continuity in the agreement.

Recently, I discussed a situation where a Tenant filed for Bankruptcy protection. However, the Lease was guaranteed by 2 individuals. The individuals did not have an agreement between them in the event the guaranty was called upon. In addition, the Tenant had a counter-claim to the Landlord's claim for payments. The Bankruptcy filing changed the entire picture.

Whether your situation is from the Landlord's perspective or the Tenant, you should be learning the rights, duties and liabilities associated with your lease agreement.

Contact Us

Call Kendall Laughlin at 214-215-5343 to schedule a complimentary consultation.

The information on this website is for general information purposes only. Nothing on this or associated pages, documents, comments, answers, emails, or other communications should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

Kendall Laughlin, Attorney serves clients in the Dallas and Fort Worth (DFW) metroplex, including the cities of Dallas, Allen, Arlington, Bedford, Carrollton, Cedar Hill, Denton, DeSoto, Duncanville, Euless, Farmers Branch, Flower Mound, Fort Worth, Frisco, Garland, Grand Prairie, Grapevine, Greenville, Haltom City, Hurst, Irving, Lewisville, McKinney, Mesquite, North Dallas, Plano, Richardson, Rowlett, Sherman, The Colony, and the following counties: Collin County, Dallas County, Denton County, Grayson County, Hunt County, and Tarrant County.