Are Bankrupta acceptable tenants?

You are here : Member Forums Tenancy Types and Management Are Bankrupta acceptable tenants?
This topic has been locked as no posts have been made within the last 90 days.
Forum Avatar
Ray D
733 Posts
123 Thanks
Hi,

I am not sure if anyone at the help desk has seen the current thread however the following is quoted from one repsondent regarding accepting bankrupts as tenants. Is maureen correct in stating that you cannot accept a bankrupt as a tenant as I would imagine bankrupts, discharged or otherwise make up a fair proportion of the people who are currently looking for rented accomodation. This seems to be a vital piece of knowledge for us all. Thanks, Ray

"Leave them and their 'pie crust' promises well alone. You can not sign up bankrupts into a tenancy agreement and because of this no Court would find in you favour should you try to get them out of your property.You take them and u've got them til they decide to leave. The point about Utilities is a huge consideration. They may decide to chase you instead because u invited known bankrupts into an unenforceable contract. Will these folk pass a credit check...er,no. Are they reliable...er,no.

Look up Credit/Consumer Act. This is why tenants need to be checked out for 'solvency'.

Just walk away Renee. Old tune but relevant.

Maureen"


25/02/2011 00:00

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Martin Co
Envirovent
Landlord Broadband

Share this page