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Forums » Industry Forums » Wireless Service Providers » Apartment Complex Foreclosed on. Out $5K
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superdog
I Need A Drink
Premium,MVM
join:2001-07-13
Lebanon, PA

Re: Apartment Complex Foreclosed on. Out $5K

said by Book See Profile :

Anybody been hit like this before and what would you do?
Yes. I tried to provide "Wholesale Bandwidth" once, and got burned by a building owner. Look, The Bank only plays hardball when they are losing $$$, so why shouldn't You?. If You cut them off, I would make sure You kindly make a few phone calls to let all of Your competitors now that they are $5000 in arrears. Since no one will give them service, the tenants will start to leave in mass fashion, or at least ask for refunds, and in the mean time, I would go to the district Justice and file against both the prior owners and the bank for payment in full. In most states, providing service of some type should allow You to put a mechanics lien on the building, and if I remember correctly?, mechanics liens come before any other?????................
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