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Can your retail landlord keep your inventory if it is worth more than you owe?
gigiannmay
Aug 26, 2010, 06:31 PM
Can your landlord keep your inventory if it is worth substantially more than the back rent you owe?
Fr_Chuck
Aug 26, 2010, 06:39 PM
to whose value ? If they sell it out at auction would it even bring the amount you owe ?
gigiannmay
Aug 26, 2010, 06:42 PM
we owe 65,000 the inventory is worth at retail value over 3 million if they sell everything at 90% off it will still be worth 300,000.00.