Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his native country joining him soon with her child, and a poor financial condition reportedly from an ex-wife who ran off with the money.Pros: A seemingly stable but not particularly lucrative corporate job, apparent sincerity about starting a new life, and willingness to put down $10,000 on a one-year lease for $1,550 a month.

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

So, unless he files bankruptcy on it, it will hound him forever, and you just may be surprised one year, when you get a check from the collection agency.You don't need a judgment to get the collection agency after them, but with a judgment, there would be no expiration date on the debt - unless they file bankruptcy.Also, if they ever want to buy a house, I believe they have to pay off any judgments, as the judgments can become liens against the property.Another thing to keep in mind, is if you don't sue them within a certain time frame, you lose the right to do it, under the Statute of Limitations, which is normally around 1 - 3 years.

I will send you the address so you can check out the old listing.You mentioned one of your applicants has a bankruptcy. 

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

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.

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

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.

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

It sounds like an owner who found out that even if he filed bankruptcy and went through foreclosure - he'd still have to pay the government debts - the fines and taxes, so he's hoping someone will take it off his hands, to get rid of this debt.