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david.41
Starting Member
1 Posts |
 Posted - 14 October 2010 : 17:34:37
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i run a coffee shop for my mother,but my name is on the lease for the premises as we are a ltd com,and my mother is the director,i have had to go bankrupt with another coffee shop i run for 6 yrs but lost the lease on,is their anything we can do to keep the present coffee shop,as the landlord is being very obstructive to our request to change the name on the lease to the ltd company and not mine.
thanks. |
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debtinfo
forum expert
2826 Posts |
Posted - 14 October 2010 : 21:17:40
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| The lease will vest with the trustee so you need to tell them immeadiately, it is not your lease to change now |
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Bigal4787
forum expert
United Kingdom
641 Posts |
Posted - 15 October 2010 : 00:18:49
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From your post, it appears that it is you personally that is on the lease, and not the company.
Having dealt with similar cases, there is normally a clause in the lease, that allows for the lease to be revoked in the event of the leaseholder becoming bankrupt, as a lease on a business property is different to that on a domestic property. More than likely the landlord will have instructed solicitors to do this and be looking to get someone else in, thus why he's being obstructive. There may be an expert on the housing who may have more information.
Big Al |
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i run a coffee shop for my mother
