Chapter 13 Applicant - What would you do?

[Alissa Thompson]

Hi All! We had a potential tenant ask if we would consider leasing to them even though they are currently going through Chapter 13 Bankruptcy and have 23 months left of their program. As a couple, they make enough money to cover their Chap. 13, all of their expenses, rent, utilities, etc. Since they've filed for Chapter 13 a couple of years ago, they have not had a late payment on anything. They are selling their house next month that they have about 100K of equity in it, and are planning on paying off their vehicles (about $18K) and keeping the rest for a down payment on a house eventually, but are not planning on buying a house again until they can improve their credit. Would you rent to them?