Many people worry about what life will be like after they file for bankruptcy. Luckily, there isn’t much to worry about because bankruptcy laws prevent discriminatory action based on a filing status. Most people find that their life after bankruptcy does possess some challenges, but are better off financially than before the filing.
Getting Back On Your Feet
Bankruptcy can be a great tool that provides many people a blank slate and fresh opportunity to take control over their financial future. In fact, there are plenty of creditors and landlords willing to offer services to someone after a bankruptcy. However, as a filer there are a few things you need to do to maximize your chances of finding a good landlord and nice rental unit.
- Tour many different rentals looking for the one with the best deal on deposits and utilities.
- Have a list of your personal references on hand to give a potential landlord for a background check.
- Prove you have steady income by providing paycheck stubs.
- Offer to pay the first and last month’s rent up front.
- Have someone willing to co-sign on the rental agreement if needed.