If you are already renting a home or apartment, normally your landlord will renew your lease without running a new credit report and will most likely not even know you have filed bankruptcy.
If you are looking for a new home or apartment to rent, it might not be as easy. Our best advice is to be upfront when applying. Let the landlord know about the bankruptcy BEFORE they run a credit report. If there were unforeseen circumstances that led to you filing, let them know that too. We find that a good faith gesture, such as offering an extra month security deposit, may be enough for a potential landlord to overcome his or her concerns about your blemished credit.
Also, the ability to prove you have a steady paycheck will go a long way. If a landlord sees that you have enough money to pay the rent, they may be willing to rent to you. Remember, you will have no more outstanding debt, so if you have a job, you may appear to be a better risk than someone with tons of outstanding credit card debt.
Do you have other questions about Bankruptcy? Please call us at 631-289-4600 or contact us online for a free consultation on the issues you should consider when deciding whether or not bankruptcy is for you.