Does a Bankruptcy allow prospective renters to make better rental applicants?

Chapter 7 Bankruptcy or Chapter 13 Bankruptcy improves a person’s financial stability.

Landlords are looking for people that will be able to afford the rent every month. Someone with a Chapter 7 bankruptcy or a Chapter 13 Bankruptcy and no debt, is safer than a person with lots of debt, judgments, and late payments on their credit report, but no bankruptcy. Think of it from the landlord’s point of view.

This is because bankruptcy IMPROVES your financial situation. 

Sherry Ellis
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