Bankruptcy looming - fear of tenancy agreement

[joolzh13]

Please help, I am moving into rented accommodation and am almost certain to go bankrupt in the next few months. The Tenancy agreement stipulates a forfeiture if the tenant becomes bankrupt I love the house and have suffered so much trauma already... what can I do?

 

Any advice would be appreciated please.

[debtinfo]

You could tell the landlord the truth and point out that with no debt you will be able to afford the rent a lot easier. If they stick to their guns about no bankrupts then you cannot live there...Sorry

[sequenci]

I agree with the previous poster. Most bankruptcy clauses are within tenancy agreements to chuck people out who have rent arrears. If you're up-to-date with the rent then you may be able to stay put. Be upfront with the landlord, you never know

[joemay]

You could even offer, if you have the means, a few months up front rent as guarantee/deposit

[sequenci]

You could even offer, if you have the means, a few months up front rent as guarantee/deposit

 

good idea, that.

[rippedoff15]

Hi,

 

we were in the same situation last year, moved into a rent house we put down 4 months rent upfront and when i filed for BR i went into the letting agents office who was at first very unhappy but as long as you pay the rent they should be fine, i agree try to pay a few months upfront it helps.

 

we after 6 mths following the BR we are still in the house and the agents are ok, as long as you stick to paying the rent on time.