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rent after bankruptcy

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starburst

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PostPosted: Fri Mar 10, 2006 1:19 pm    Post subject: rent after bankruptcy

Can I rent an apartment after a bankruptcy?
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Angel

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PostPosted: Fri Mar 10, 2006 1:23 pm    Post subject:

Hi Starburst,

Certainly you can. In fact, most of the time you will find it the easiest way to get a residence after bankruptcy.

Angel
 
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ken

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PostPosted: Fri Mar 10, 2006 1:29 pm    Post subject:

Being current on your rent payments will not create any problems from the side of your landlord. He won't bother to check your credit unless you are behind on your rent. If filing a bankruptcy was just to prevent eviction being behind on your payments, then there might be a problem. The landlord will take the help of the court to have the stay lifted.

Ken
 
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Icon Mini Profile Samantha
Samantha
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Joined: 16 Sep 2005

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Location: MASSACHUSETTS


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PostPosted: Fri Mar 10, 2006 1:40 pm    Post subject:

Hi Starburst,

Many landlords do a credit check before renting an apartment and if they find a personal bankruptcy on your credit report, then you find it difficult to rent.

But if you are currently on a rent and are regular on your payment, then it is unlikely on behalf of the landlord to do a credit check at the time of renewal. He will be more bothered with his payments than checking whether you are on bankruptcy or not.

After bankruptcy it can be difficult for you to rent from a large corporation who usually runs credit check for all its new tenants. So, it's better to approach a private individual who will be more interested in the deposits that you make.

It's always better to make arrangements for your stay before you plan to file a bankruptcy.

You will find more details on bankruptcy here.
God bless you.

For MortgageFit,
Samantha

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