A Bankruptcy and Being Foreclosed On - Should I rent to them?

[Alek Liskov]

Hi BP Community, 

First and foremost - thanks for reading this. It means a lot to someone like myself who has just recently started on his journey. 

I'll cut to the chase. From all of the applicants I have for this SFH, I am gravitating towards this particular family the most.

The good:

• Good income - 4-5X monthly rent
• Good impression/communication
• Stable jobs
• About 2X move-in funds available in the bank
• Good credit scores

The bad:

• Bankruptcy in 2009
• They're being foreclosed on their current house that they're moving out of
• Credit Card debt roughly equal to the amount saved in the bank (Their explanation: they paid for a month of tuition on the credit card)

I know many people would never rent to someone who had a bankruptcy, but it was in 2009. They explained to me that it was because their business failed and they had no other option. I think they will be able to pay on time given their income despite everything else. However, I would love your input!

Thanks!