It is not unusual for many people who have gone through a bankruptcy to give up their home. It may be that they had to relinquish their apartment because of arrears. Or, in some cases even home owners who have no equity in their home will give it up because the mortgage payments are too much for them.
This means that they must find a new place to live and for those in this situation they are often very nervous about being in this position. At first most are relieved to be out of the financial mess they were in prior to going bankrupt. They are excited about having a fresh start, but this excitement can soon be replaced with the apprehension of finding a place to live.
What many don’t realize is that their bankruptcy is going to appear on their credit report. Landlords will often check these records. They may be concerned about the bankruptcy and not feel comfortable to renting to those in this situation. What you can do is point out that as a result of the bankruptcy you are now in a much better financial and your rent won’t be a problem.
Be sure to use a bankruptcy attorney that offers follow up services. This way you will have someone experienced to rely on to help you overcome some of these post-bankruptcy obstacles. Even though these can occur making the decision to go through with your Dallas bankruptcy will bring you may benefits as you progress to getting a new financial start.