FAQs | Bankruptcy and Your House
We have not received feedback from people we have administered bankrupt estates for that they have not been able to source a rental property while bankrupt. The most important thing is to have good rental references and anticipate that it may take a little bit longer than normal to source the rental.
There may be a few real estate agencies that have a policy of not renting to people who are bankrupt. For most agents, bankruptcy is not an issue, after all, bankruptcy has cleared your unsecured debts so you will be in a stronger position than most other people who do have debts. If you have a good rental history and have the capacity to pay the rent, then renting will not be an issue for you. If you have a poor rental history, it will be harder to rent a place to live whether you are bankrupt or not. It is important that you maintain a good rental history.
Nicholls & Co have a complementary ‘help desk’ to answer your questions on bankruptcy. Call Nicholls & Co on 1300 060 122 or email firstname.lastname@example.org.