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Updated almost 7 years ago on . Most recent reply

Matt Shields's profile image
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Matt Shields
  • Broker
  • from Phoenix, Arizona
  • Member since Dec 12, 2015
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Matt Shields's profile image
Matt Shields's profile image
Matt Shields
  • Broker
  • from Phoenix, Arizona
  • Member since Dec 12, 2015
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Matt Shields
  • Broker
  • Phoenix, AZ
273
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351
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General Landlording & Rental Properties

Prospective Tenant with Open Chapter 13 Bankruptcy

Matt Shields
  • Broker
  • Phoenix, AZ
Posted

I need some advice from attorneys or landlords experienced in dealing with an applicant with an open chapter 13 bankruptcy. Would you rent to them?

Details: Qualifies except for BK. Open BK 2014 and closes 3/2019. Section 8 pays most of the rent.

Thanks for the help.

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Neil Patak's profile image
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Neil Patak
  • from Chatsworth, CA
  • Member since Aug 3, 2017
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Neil Patak
  • from Chatsworth, CA
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Neil Patak
  • Chatsworth, CA
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Neil Patak
  • Chatsworth, CA
Replied

If you have access to PACER or a BK court docket monitoring system, you can get a good idea of why the debtor's fell into BK and filed the Ch13.  For all one knows, it could be medical debt related and they simply paying back any secured creditors.

Feel free to reach out direct if you have any questions about the BK.

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