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Bankruptcy and private renting
ssc_dougal
Posts: 19 Forumite
I have a client who has a strong chance of being made bankrupt in the not to distant future.
she is also looking to rent a property from a private landlord but has been told (not sure by who) that if she does knowing she will become bankrupt she will be kicked out of the property as this will void her tenancy agreement.
this is not my field of expertise as I mainly deal with benefits, so was hoping after finding so much useful advice on this forum already that you money saving experts may be able to shed some light on this issue for me, or at least point me in the right direction.
Cheers in advance
SsC dOuGaL
she is also looking to rent a property from a private landlord but has been told (not sure by who) that if she does knowing she will become bankrupt she will be kicked out of the property as this will void her tenancy agreement.
this is not my field of expertise as I mainly deal with benefits, so was hoping after finding so much useful advice on this forum already that you money saving experts may be able to shed some light on this issue for me, or at least point me in the right direction.
Cheers in advance
SsC dOuGaL
Trainee Advisor working in s!!!!horpe, UK. I will help if I can but NEVER take what I say as gospel (where possible I will provide links to relevant sources of information) becuase I have been known, on occasion, to be wrong
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Comments
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Not sure how useful this is, but I am a LL, and to be honest, if your friend continued to pay the rent and look after my house, it would make no difference to me if she or he became bankrupt. There is nothing in the tenancy agreement that I use that suggests this would be the case. I might be wary of taking on a new tenant who was bankrupt though, but would not look to evict one already in situ, subject to the above.0
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I have a clause in my Tenancy agreements stating the the Tenancy will end if the Tenant is declared Bankrupt. I think the problem here is that you cannot sue an undischarged bankrupt. If they don't pay you can only evict, not recover any money owed.0
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