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Hertz Tells Landlords Not To Expect Rent for Six Months

Video Credit: Wochit - Duration: 00:29s - Published
Hertz Tells Landlords Not To Expect Rent for Six Months

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."

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