You may believe that finding an apartment in Texas after filing for bankruptcy is close to impossible, but we’re here to help you achieve that dream. Landlords may be wary of the negative mark on your credit history, and everything will seem to go downhill from there. However, it is entirely possible, albeit challenging, to rent an apartment after declaring bankruptcy. Below is a guide to help you through the application process to ensure you get approved for a lease- the hardest part:
Have an Open Communication
Lying to potential landlords about your bankruptcy is a terrible idea. Most of them will find out regardless when they run your credit history during your application process. Instead, having an open dialogue with them about the circumstances that led up to your bankruptcy, followed by what you have done since to counter it, such as a steady job or income, can help your case. Proving your innocence and determination to do better is the key- once you convince the landlord to place his trust in you, you are more likely to get through the application process. If not, be proud of yourself for being truthful. Chances are that the landlord appreciated your frankness.
Pick Landlords Wisely
Keep in mind that different landlords have different policies for leasing their properties. Your best bet would be to rent from a private property owner, rather than a complex. They are more understanding and flexible with personal history. With a bit of research, you might even be able to find an area with a “no credit check” policy. Renting an apartment near a college or university campus may be another factor you could look into. Landlords there have a history of catering to students who have a credit history, so they might be willing to adjust their policies for you too.
Provide Proof of Consistency
Everything aside, all that matters is that you pay your rent on time each month. If you can convince your landlord that you are consistent and reliable, you will have more chance of getting that lease. If possible, provide your landlord with bank statements or previous rental history to prove that you are a grounded tenant who won’t give him a hard time. Another thing you could do is provide a larger security deposit that will cover the rent for the next few months’. While this could be challenging if you’ve recently come out of bankruptcy, it will make your landlord trust you more.
Find People Who Will Substantiate Your Claims
Most landlords will feel at ease if you can provide some reference to prove your honesty and integrity. These references could be your past or present employers, previous landlords, past roommates, or even some personal references. As long as you have a good standing with the people you refer to your landlord, all is well. If all else fails, finding someone with good credit to co-sign the rental application will also help make an airtight case. This way, your landlord will (on paper) have someone to take the responsibility of clearing the dues in case you fail to do so. For more information, speak with an experienced bankruptcy attorney – schedule your free 1-hour consultation today: https://seanflynnlaw.com/calendar/