I own a small HMO, where rent is approx £400 per month for an en suite room but includes gas, electric, water, council tax, broadband and a cleaner every 2 weeks for the common areas. One of my tenants stopped paying in April, so I’ve followed the appropriate legal procedure to evict him which has been a very long process (with him obviously still not paying anything so me effectively subsidising his lifestyle!), and we’re due in court in about 2 weeks. He’s over £4K in arrears, and has just informed me he’s moved out, is facing financial ruin, and doesn’t care if he’s declared bankrupt as that will actually help him.
Is it worth me continuing the case, or do I have no hope at all of getting any of that money back in which case it’s a complete waste of time?