We also ask about bankruptcies, bank information, and if they have sued someone.

My lawyer seemed to be worried about them declaring bankruptcy, and escaping the judgment that way.

I think the problem is if an earthquake actually occurred the amount of claims against any Podunk one off insurance company would easily put it into bankruptcy and your policy would be worth penny's on the dollar

Found out from PM today that the tenant has filed for bankruptcy, and, hence, we will need to file a Montion to Lift Stay of Bankruptcy with the bankruptcy court to get permission to proceed with the eviction.

This information is available free of charge on the internet at the following sites:Sex Offenders: www.txdps.state.tx.usSan Antonio Area Crime Stats:http://www.neighborhoodscout.com/tx/san-antonio/crime/REASONS FOR DENIAL OF APPLICATIONSIf you failed to give proper notice when vacating a property.If previous landlord(s) would be unwilling to rent to you again for reasons pertaining to your behavior or that of any family member, guest (welcome or not), your pets, or any animal on the property during your tenancy.If you have had three or more late payments of rent within the last 12 months.If you have an unpaid collection filed against you by a Property Management Company.If an unlawful detainer action or eviction has occurred within the past five (5) years.If you have recently received 3-day notice to vacate.If you have had two (2) or more NSF checks within the last 12 monthsIf you have filed for bankruptcy or foreclosure within the past 24 months we may deny your application.Any bankruptcy must have been discharged at least one year previous to the date of your application.If you have allowed any person(s), not on the lease, to reside on the premises.If we are unable to verify your information, we must deny the application.No Businesses may be operated from the property.

I've seen 20 yrs olds file for bankruptcy and hide vehicles from banks.

They are either trying to hide assets from a bankruptcy judge, or social security, or some agency that limits the assets they can have on hand. 

Laws get tweaked every year and your local divorce/injury/criminal/bankruptcy attorney is not going to be on top of it.

Would you like to be notified when your tenant was arrested, filed for bankruptcy, began divorce proceedings, etc? 

Have you filed bankruptcy?