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Updated over 12 years ago,
Renting to people about to file bankruptcy?
I'm pretty new to the rental business.
I have someone interested in my condo, but his credit is really bad,
and he is about to file bankruptcy to start fresh. His fiancee who
will be co-leasing and cosigning has great credit. He is willing to
put down a 2-mon deposit plus a huge pet deposit to easy my fear. My question is that if he files for bankruptcy while living in my rental, how it affects me as the landlord. If he stops paying rent while in bankruptcy proceeding, can I evict him?
BTW, this is in California.