You will either break that lease, making it hard to move forward in real estate or you will have to suck it up.Worst case is you have to declare bankruptcy if you take on too much.

Good luck on the bankruptcy. 

Even comparatively optimistic forecasters expect millions more lost jobs, and with them foreclosures, evictions and bankruptcies.

This is downside protection.3) Eviction and Bankruptcy: When the courts do reopen, the landlord will accrue rent and late fees, file for eviction, sue, and bankrupt the rent-striker.

This is downside protection.3) Eviction and Bankruptcy: When the courts do reopen, the landlord will accrue rent and late fees, file for eviction, sue, and bankrupt the rent-striker.

Creditors for future credit applications (such as a mortgage, purchase or refinance) are, and will be, allowed to discriminate on that basis even if there is no FICO impact, just like "declared bankruptcy" or "did not pay court ordered child support" - they can hold those things against you even if you have an 850 FICO score. 

@Asim Sheikhwhy not go with a lender which has less probability to survive any uncertainty. ultimately they file bankruptcy and your mortgage goes away.

How are Italy and Spain going to look on the back end. 20% of US exports go to the EU. 24% of US exports go to Latin America, where we haven't seen the impact this will have on  several countries are already flirting with bankruptcy because of low commodity prices.

The only reason foreclosure held off was because she filed for bankruptcy. 

I've had my current job for 2 1/2 yrs making 75K per year and have a clean background but before I had my current job I was unemployed for a while and ended up filing for bankruptcy causing my credit to take a huge nose dive (sub 500 range). my Question is: to avoid the credit requirement (I wouldn't be able to find a co-signer) would I be able to put an entire lease down as a security deposit and pay my rent as usual so long as my income qualified?