Renting to someone with Chapter 13 BK

[Kelly Conrad]

Hello!

I know there are several different feelings on this, but I wanted to get some input. If a potential tenant has filed Chapter 13 due to needing to withdraw money from their 401k accounts to pay for the funeral expenses for several family along with medical expenses, and owing back taxes because of the 401k withdrawals, would you rent to them? Assuming they have long term jobs and have enough to pay for rent and utilities  on top of what they owe, and no criminal record, U/D, or evictions.

Or would you need to know like how much longer they have in their plan/how much they owe? 

Would you require a co-signer and/or increased rent or just say "nope!" and move on?

Just looking to hear what others think on situations like this.

[Thomas S.]

I never waste my time researching the reasons why a applicant does not qualify, in an attempt to qualify them, I simply move on to though next applicant.

Landlords that are desperate will often try to make a unqualified applicant acceptable by convincing themselves that they are low risk due to special circumstances. I don't care how they got into trouble I just assume if it happened once it can happen again.