How to Rent a Home or Apartment After Bankruptcy

If you are planning on renting a home orhigher security deposit.
apartment and have a past bankruptcy, there areIn After Bankruptcy Credit Solutions I go into
some things you should know.more detail on specific strategies you can use to
First, you need to determine who you areincrease your chances of qualifying for an
planning to rent from - meaning a private party orapartment or home rental.
a property management company.I do not have enough room in this article to
Why does it matter? Because each one usuallydiscuss strategies when it comes from renting
approaches the rental process very differently. Iffrom private parties. However, it can be a much
you don't know what their process is, you coulddifferent experience than renting from property
end up being out $30-60 in credit report fees.management companies.
There are a number of strategies you can use toIn my experience, private parties tend to be less
increase your chances of being approved for arigid in their rental screening process. This means
home or apartment rental. I know, because Ithere are some things you should NOT do during
have used them when renting in the past - boththe rental screening process - otherwise you
from private parties and property managementcould end up being turned down pretty quickly.
companies.But I'll save those for another article on renting
I'm not going to cover every single strategy here,after bankruptcy.
as there isn't enough room, but here's one you==============================
can start with:Copyright © 2005 Innovative Solutions
If you are applying for a rental with a propertyPublishing, Inc. All rights reserved.
management company, find out what their rentalDISCLAIMER:
criteria is. It sounds like common sense, but a lotThis information is designed to provide only a
of people submit a rental application, with ageneral overview of the subject matter herein.
non-refundable credit report fee, only to beThis information is provided with the
turned down because of their credit history.understanding that neither the publisher nor author
Don't let this happen to you! If you know whatis engaged in rendering legal, accounting or other
the criteria is in advance, and you find out byprofessional advice. If legal or other expert
asking, you will at least have an idea of whetherassistance is required, the services of a
or not you can qualify.professional should be sought.
If you have a bankruptcy it doesn't necessarilyNeither the publisher nor author shall be liable for
mean you'll be declined. Much depends on theany loss or damages, including but not limited to
property management company's guidelines. Forspecial,consequential, incidental or other damages,
example, a property management company maycaused by the information contained herein.
still rent to you - but maybe they'll ask for a