Hertz Tells Landlords Not To Expect Rent for Six Months
Video Credit: Wochit News - Duration: 00:28s - Published
Hertz Tells Landlords Not To Expect Rent for Six Months
Hertz declared bankruptcy on May 22.
Business Insider says the company has $19 billion in debt.
The car rental company told its landlords days it would not pay them rent for the next six months.
This is the latest example of a big-name corporation asking building owners, many of whom run small businesses, for "help."
