Legal Question in Bankruptcy in Illinois
Bankruptcy and Apartment Leasing
My husband and I will be filing bankruptcy by June. We will be locating to Chicago and will need to get an apartment, does bankruptcy hurt our chances of getting an apartment?
Asked on 5/15/03, 5:53 pm
1 Answer from Attorneys
Thaddeus Hunt
Law Offices of Thaddeus Hunt
Re: Bankruptcy and Apartment Leasing
It depends on the owner(s) of the apartment complex. The decision to rent or give credit to an individual is a decision reserved to landlord or creditor, respectively.
With some landlords it will not matter, whereas with others it could be a significant factor. They may simply require a higher deposit.
Very truly yours,
Thaddeus J. Hunt
Answered on 5/16/03, 1:34 am
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