The Bankruptcy Code contains certain provisions that protect commercial landlords when a tenant files a bankruptcy case. Although Section 365(d)(3) requires a debtor to pay rent in full that becomes after a bankruptcy case is filed, it does not squarely address the issue of whether a debtor must pay “stub rent”.
After filing the Chapter 11 case, Goody’s continued to occupy the leased properties and conducted store closing sales at numerous locations.Contents of home containing many interesting items. Contents of home containing many interesting items. If you are always having to click this link in order to the see the pictures, please submit your browser information to us so we can try to fix this for you.Both stores have closing signs out front encouraging shoppers to visit before it's too late.The Goody's store, which will close March 26, is offering deep discounts on merchandise.Court decisions have been inconsistent as to whether a debtor is required to pay “stub rent” under Section 365(d)(3) or any other provision of the Bankruptcy Code.