Bankruptcy means that they no longer have financial obligations and won't be able to get into debt as easily, so I'd say they're likely to pay you the rent.

There were discussions about whether Scranton would become the next city to file for bankruptcy. 

(I DO ignore medical bills, and possibly even a bankruptcy, depending on how long ago, and what their recent activity look like.As to public assistance, a huge caveat: This is absolutely NOT a guarantee that you will be paid!.

In your scenario, I don't think the owner really has any power to influence the ultimate outcome of the property (except maybe declaring for bankruptcy).And as always, I strongly recommend talking to your lawyer to make sure you have your ducks in a row. 

Bankruptcies - If you have a bankruptcy on record this will be the hardest impact on your credit score.

An asset protection trust fund is an irrevocable trust fund, usually created to protect beneficiaries from potential negative effects related to transfer tax laws, divorce settlements, and bankruptcy laws.

Bankruptcy.................................................................. 79 MM.

ive never had a bankruptcy.

Claiming bankruptcy will only buy a few months.The  house is occupied and is in good condition,

I knew NOTHING about this stuff,  until we started buying houses, and my husband actually comes from a really low income family, where it's common practice to cash out of all your credit cards before filing bankruptcy.