How to Rent a House After Bankruptcy
Once an individual files for bankruptcy, his life changes for several years in one way or another. The bankruptcy appears on her credit report for up to seven years from the date of discharge. Renting a house after bankruptcy can be a tricky endeavor, as many rental companies and landlords are skeptical about renting to someone who has a questionable credit history. But there are some things you can do to rent a house after your bankruptcy.
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Instructions
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Save your cash and keep it in a bank account. When you have a bankruptcy on your record, it is more important than ever that you have plenty of cash on hand to pay your bills and pay them on time. But it also is important to have a healthy bank balance, so you can show a prospective landlord that you have funds to use for renting the home. Keep your bank statements, so you can prove that you have cash.
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Skip over any line on a house rental application form that asks whether you've had a bankruptcy. No one says you have to fill out every single line of a form. Don't check no, or you'll be lying. But simply skipping the question leaves a bit of mystery and isn't necessarily a negative on your application form.
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Prove that you have plenty of income to rent the house. Sometimes landlords are somewhat desperate to rent houses. So if they come across someone who has plenty of income to cover the rent each month and the person seems somewhat responsible in person, they will approve you. Keep your pay stubs to prove you have enough income to pay the rent. A good rule of thumb is that your monthly income is more than three times the rent amount in order to rent a house.
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Charm the landlord. Use your personality and show the landlord that you are a responsible person by dressing up when you meet her. Show them that you are neat and tidy and like to take care of yourself and the place you live. This will impress the potential landlord and can get you the rental agreement, even if you have a bankruptcy.
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Find a landlord that doesn't inspect credit reports to rent his house. There are plenty of landlords out there who don't even require a credit check to rent a house. They simply go by income and how responsible you seem. Do some digging and you can find the right house for your situation.
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