Other will want to write a check and then just sit back and collect their share.

The BK trustee gets paid a % of the fees collected, a high % on the first $25k or so.

Usually you get a judgement with an eviction case and rarely are they collected on.

The regs are quite specific when it comes to collections and defaults.Read the updated reg letter at the Consumer Protection Finance Bureau.

If that's a no go, consider using a mortgage servicer so the seller doesn't have to collect directly from you.

I connected with the tenant right after closing, to meet so I could get information from her and collect this month's rent.

Let us not assume that Dobb-Frank is within it's pages the entire body of law that deals with real property, real property finance, consumer credit, debt collection and ideas of the same.

For example, both mine and my husband's FICO is around 590 due to old collection accounts (5+ years old, most due to come off our report within 2 years) but all of our current accounts are 100% paid on time.

:As Chris said, they will likely want both your names on the lease but she will be sufficient to qualify you both despite your suspect creditWould it be helpful to have a letter from the collection agency handling my student loan rehab that I am in the rehab program and I have made all promised payments?

It does say in my leaseIF TENANT VIOLATES THE LEASE AGREEMENT, THE LANDLORD MAY SUE EACH TENANT IN COURT:1)TO COLLECT OVERDUE RENT, LATE CHARGES AND MONEY DAMAGES CAUSED BY TENANT’S VIOLATION OF THE AGREEMENTS IN THE LEASE.2)TO RECOVER POSSESSION OF THE LEASED PREMISES (EVICTION).3)TO COLLECT FOR UNPAID RENT UNTIL THE END OF THE LEASE OR UNTIL ANOTHER PERSON TAKES POSSESSION OF THE LEASED PREMISES AS A NEW TENANT.