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Updated over 11 years ago,
Tenant prospect who filed bankruptcy - not yet discharged
I had a call today from someone who filed bankruptcy and is making payments on it. It won't be discharged until later this year. Based on our phone conversation, they had a bunch of past financial problems and their current rent is higher than mine.
After asking about the financials (haven't shown the house yet or verified anything) they take home 4.35 times the rent after taxes and payments on the bankruptcy. The income is very good and they allegedly have a great rental history.
If the income and rental history check out, could this bankruptcy affect me in a negative way?