Re: Bankruptcy in past - Landlord Forum thread 355558

Re: Bankruptcy in past by Joel on January 2, 2018 @11:59

BK tenants are not all bad.
LPA member Bob here sharing some philosophy I learned in one of q&a sessions with John.

That said, keep in mind what a BK tenant had had to .... dodge bills, dodge creditors, become used to owing more money than they can pay...
possibly develop bad attitudes against creditors or obnoxious collection agencies, landlords.... eviction system.

Sorry, but that is just not an education that I want my tenants to have because when push comes to shove, I may be dealing with someone who may not value their credit as much as I want them to leaving me very little leverage if I ever have to threaten their credit.

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