Crestview, Fla. - The end of the month officially ends the moratorium of rent and mortgage at the same time unemployment is ending, which will leave many across the panhandle scrambling in the upcoming months and weeks. This may leave many people looking to rent while also needing to file or recently filing for bankruptcy. According to local attorneys, Lewis and Jurnovoy, Chapter 7 and Chapter 13 bankruptcy will show on your credit report for up to ten years. Therefore, it is important to know the different factors landlords will consider when needing to rent with a bankruptcy case.
A landlord is generally more interested in how much potential tenants currently make or have in reserve for rent rather than whether they have ever filed for bankruptcy. Many landlords also consider employment history when deciding whether to rent to individuals. In addition to job history, landlords will want to know the length of time an individual has been at a current position, whether they have been employed continuously, and their current hourly rate or salary. Job tenure holds a lot of weight in this situation.
Evidence of paying rent on time and never breaking a rental agreement or lease with previous landlords could be helpful. In addition, for those forced to file for bankruptcy because of circumstances beyond the individual's control, such as the pandemic, an explanation of the situation will help a landlord make an informed decision.
Lewis and Jurnovoy offer free appointments for those considering filing for bankruptcy. The talented layers at Lewis and Jurnovoy can help with a variety of debt types, and a variety of finance levels. They diligently work to find the best financial solution for each client every time. For more information on bankruptcy assistance in Crestview or the surrounding areas, call The Law Office of Lewis and Jurnovoy at (850) 409-3350 or visit them online at www.lewisandJurnovoy.com.
SOURCE: Press Advantage [Link]
The primary emphasis of our law firm is in the representation of individuals in Chapter 13 bankruptcy, Chapter 7 bankruptcy,mortgage foreclosures, mortgage modifications and protecting against abusive debt collectors.
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