2015-03-03

Question: How difficult will it be for me to find an apartment if I had to declare bankruptcy last year?

Answer:

The process can potentially be problematic for a renter who has filed a bankruptcy petition;  however one of our experienced agents may be able to show properties where the landlord will be understanding. In this connection, the potential renter needs to be prepared with a few items:

1. A reference letter from their current landlord representing they are good tenants;

2. A creditworthy guarantor to co-sign in the event they default with their rent payments; and

3. Additional security or pre-paid rent.

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