Private company to collect rent from bankrupt landlords' tenants

The state's insolvency agency is set to hire a property management company to collect rent from the tenants of bankrupt landlords.

13th April, 2014

With a sharp rise in bankruptcies expected this year, the state's insolvency agency is set to hire a property management company to collect rent from the tenants of bankrupt landlords.

The Insolvency Service of Ireland (ISI) expects that many bankruptcy cases will involve rented properties that will require ''some degree of management until they are sold by the Official Assignee or repossessed.

The ISI has published tender documents for a property management contract which is...

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