bankrupcy and tenants

[Lynnette E.]

Landlords, do you rent to people with recent bankruptcies?  Normally, I would not consider it.  But, thinking about it, they have serious issues in managing finances, but I think they can not refile for a while, so in that sense they may be safer.  What do you think?  And how do you know that the bankruptcy is complete and discharged?  I definitely do not want to rent to someone in the middle and not be able to collect rent from the start.  Please do not say to ask them, they tend to lie when couching for a bed.

[Anna Sagatelova]

Bankruptcy is a difficult one to tackle, but as usual @Patricia Steiner is right. Your screening criteria should be as unambiguous as possible and not leave room for you to have to put on the Personal Investigator hat to suss out the truth of the sad story, if one is presented. Then, you need to be disciplined about sticking to that criteria.