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Raeann88, Renter in Merritt Island, FL

Can I rent a house even though I just had to file bankruptcy? I make 3200.00 a month.

Asked by Raeann88, Merritt Island, FL Sat Apr 9, 2011

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8
Hi, it all depends on the landlord. I have had cases where the prospective tenant was in a similar situation as you but proved they are on the mend and consistant for a long period of time. The landlord may ask for some extra security but it will depend on how trusting they are.

Chris
0 votes Thank Flag Link Thu May 19, 2011
Yes, you can rent any property as long as the landlord allows you to rent even with bad credit. But you should also remember that Florida posted the nation’s second biggest total in 2010, with 485,286 properties receiving a foreclosure filing. If you plan to rent, lease or rent-to-own always check the property against a foreclosure database. This will help you to avoid renting a foreclosure, rental scams, foreclosure scams and phony landlords.

Do not give thousands of dollars to a stranger without doing a back ground check on the property before you sign the lease. If the home is in foreclosure and you still sign a lease you may lose your security deposit and have to go court to avoid eviction. There is also help for renters to monitor if the apartment they presently occupy is in danger of foreclosure. For more information on how to avoid foreclosure rentals click the link here: http://www.foreclosurecourt.org/foreclosure_rental_scams_on_…
0 votes Thank Flag Link Thu May 19, 2011
Yes you will be able to rent even with a Bankruptcy. They will be mainly concerned with your past rental history and what the bankruptcy was based on. Are you looking in the Merritt Island area?
0 votes Thank Flag Link Sun Apr 10, 2011
Of course you could find a suitable rental. Most property owners understand that "things happen"... A seasoned landlord will run a credit, background, employment verification check - and make a determination based on the results of the report.

Include a letter of explanation- offer to pay with 12 advance rent checks, etc.

There is a way to reach your goal.
0 votes Thank Flag Link Sat Apr 9, 2011
Property managers and landlords will continue to check credit applications...but some Landlords may be sympathetic to your situation since there are so many people who have been adversely affected by this economy.

With your application, you may want to include a letter addressed to the landlord, pleading your case. A personal appeal gives a "face and a heart" to black and white forms.

Good luck.
0 votes Thank Flag Link Sat Apr 9, 2011
Raeann88,

Most Landlords here in NJ want require several things before they'll sign a Lease: Application Form (which includes References), Employment Verification, and a Credit Report. In addition, they'll want the first month's rent up front and a Security Deposit. Landlords want to be sure that they'll receive their Rent each month, on time -- you will need to demonstrate this to them -- perhaps your Agent will assist you by helping to write a cover letter for your Application explaining what led to your bankruptcy and what your current situation is like, and why you would be a great tenant.

Good luck to you,

Marilyn Holda-Fleck
Prudential NJ Properties
0 votes Thank Flag Link Sat Apr 9, 2011
That will be decided by the Landlord or property manager. They will look at your credit history and determine if they feel you would be a good tenant. If you've had evictions or late rent payments that would be a problem for them. However, if your BK was for something else and you have good rental history and references they may consider you. Just be honest.

All the best to you.
Web Reference: http://terrivellios.com
0 votes Thank Flag Link Sat Apr 9, 2011
Yes, absolutely. You might find that not every landlord is willing to rent to you based on credit score, but you are in good company these days.
0 votes Thank Flag Link Sat Apr 9, 2011
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