Dena Standley | October 19, 2022
Summary: If you're being sued for debt, you can still find ways to rent an apartment. SoloSuit can help you fight off debt collectors and get back to your life.
Having some debt is almost inevitable; it's part of life. However, when you're dealing with a delinquent account, things can get a little bit complicated.
It's challenging to convince a prospective landlord that you'll be a reliable tenant when you're already behind in existing debts. All hope is not lost, though.
Even when dealing with debt collectors, you can still rent an apartment. Try the following suggestions to find a property manager willing to rent to you, even if you have less than stellar credit:
Landlords, who are independent individuals renting out their own property, often have more flexibility than property management companies.
Debt can significantly affect your credit score and, as a result, your reputation as a tenant. Most landlords will want to check your credit score before accepting you as a tenant. They're required by the Fair Credit Reporting Act (FCRA) to get your permission before accessing your credit information.
Why not beat them to it? If you suspect that you may have a low credit score, it's best to find out before going apartment hunting. You'll need to check with the three major bureaus (Experian, Equifax, and TransUnion) to ensure that none of them has any errors. Get your free annual report here.
If you encounter any debts you don't recognize, double-check them first to ensure that these are legitimate debts that belong to you. If you suspect these debts were put on your report in error, you can dispute them with the credit reporting agency. You can also use Solosuit's Debt Validation Letter to confirm any debts you don't recognize.
You can boost your chances of finding an apartment to lease by finding someone who can vouch for your financial responsibility. This person could be a relative, a friend, or an employer who trusts you enough to co-sign the rental agreement.
The guarantor is usually someone whose finances are in order, without any debts in collection. It's easier for the landlord to trust you when you're backed up by someone reliable.
Remember that the landlord has the right to go after your guarantor should you fail to honor your agreement. It is a serious responsibility and can lead to your guarantor having to pay your debt or sacrifice their own credit rating if you fail to pay your rent. That can damage a personal relationship, so make sure you are economically stable enough to handle the rent before asking someone to take this step.
Most landlords require you to pay the equivalent of one month's rent as a security deposit.However, if you're in debt, it's preferable to offer more than the minimum security deposit. Offer to pay up to 3 or more months rent equivalent. The landlord may be convinced of your reliability when you pay so much upfront.
Remember that a previous eviction stays in your records for seven years. It's best to use this option if you're sure your past is clean.
Just because you're behind in debt repayment doesn't mean you are a bad tenant.
You may prove your reliability by obtaining recommendation letters from previous landlords. These letters explain to the prospective landlord that you've always prioritized your rent obligations no matter your financial situation.
Your current employer can also be of help. Have them write a letter to the landlord confirming that your current employment is secure. If the landlord knows you won't be running into financial difficulties soon, they may consider your application.
Hard times can hit anytime, but as long as you prove you're reliable, you can still rent an apartment with debt in collection.
Mom-and-pop landlords are individual apartment owners. They aren't part of major corporations, making it easier to connect on a personal level.
Even if they find out you're in debt, you can explain your situation to them in person. You may choose to write a letter explaining how you got yourself into debt arrears.
Loss of employment, divorce, extensive illness, and the like may be the reason you fell behind. Individual landlords are more likely to empathize with your situation.
You can quickly get back on track with debt repayment if you increase your income.Prove to the prospective landlord that your income has increased and you can afford rent with no issues.
Some ways to increase your income include:
You can also save funds by going for cheaper apartments. If your income is three or more times the equivalent of the rent, you're likely to stay on track with your financial obligations.
Granted, renting an apartment if you have debt in collection can be daunting. However, it's not impossible. Find the option that works for you and go for it. Be sure to validate every debt with SoloSuit's Debt Validation Letter before paying it off. For all you know, you could be paying off the incorrect amount, a debt past the statute of limitations, or a fraudulent debt. Stand up to debt collectors by sending them a Debt Validation Letter (most collectors give up after receiving one).
SoloSuit makes it easy to respond to a debt collection lawsuit.
How it works: SoloSuit is a step-by-step web-app that asks you all the necessary questions to complete your answer. Upon completion, you can either print the completed forms and mail in the hard copies to the courts or you can pay SoloSuit to file it for you and to have an attorney review the document.
"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James
You can ask your questions on the SoloSuit forum and the community will help you out. Whether you need help now or are just looking for support, we're here for you.
>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate
>>Read the NPR story on SoloSuit: A Student Solution To Give Utah Debtors A Fighting Chance
Here's a list of guides for other states.
Being sued by a different debt collector? Were making guides on how to beat each one.
Is your credit card company suing you? Learn how you can beat each one.
Going to Court for Credit Card Debt — Key Tips
How to Negotiate Credit Card Debts
How to Settle a Credit Card Debt Lawsuit — Ultimate Guide
Need more info on statutes of limitations? Read our 50-state guide.
Why do debt collectors block their phone numbers?
How long do debt collectors take to respond to debt validation letters?
What are the biggest debt collector companies in the US?
Is Zombie Debt Still a Problem in 2019?
If a car is repossessed, do I still owe the debt?
Is Portfolio Recovery Associates Legit?
Is There a Judgment Against Me Without my Knowledge?
Should I File Bankruptcy Before or After a Judgment?
What is a default judgment?— What do I do?
Summoned to Court for Medical Bills — What Do I Do?
What Happens If Someone Sues You and You Have No Money?
What Happens If You Never Answer Debt Collectors?
What Happens When a Debt Is Sold to a Collection Agency
What is a Stipulated Judgment?
What is the Deadline for a Defendants Answer to Avoid a Default Judgment?
Can a Judgement Creditor Take my Car?
Can I Settle a Debt After Being Served?
Can You Appeal a Default Judgement?
Do I Need a Debt Collection Defense Attorney?
Do I Need a Payday Loans Lawyer?
Do student loans go away after 7 years? — Student Loan Debt Guide
Am I Responsible for My Spouses Medical Debt?
Should I Marry Someone With Debt?
Can a Debt Collector Leave a Voicemail?
How Does Debt Assignment Work?
What Happens If a Defendant Does Not Pay a Judgment?
How Does Debt Assignment Work?
Can You Serve Someone with a Collections Lawsuit at Their Work?
How Many Times Can a Judgment be Renewed in Oklahoma?
Does Debt Consolidation Have Risks?
What Happens If You Avoid Getting Served Court Papers?
Does Student Debt Die With You?
Can Debt Collectors Call You at Work in Texas?
How Much Do You Have to Be in Debt to File for Chapter 7?
What Is the Statute of Limitations on Debt in Washington?
How Long Does a Judgment Last?
Can Private Disability Payments Be Garnished?
Can Debt Collectors Call From Local Numbers?
Does the Fair Credit Reporting Act Work in Florida?
The Truth: Should You Never Pay a Debt Collection Agency?
Should You Communicate with a Debt Collector in Writing or by Telephone?
What Happens After a Motion for Default Is Filed?
Can a Process Server Leave a Summons Taped to My Door?
Need help managing your finances? Check out these resources.
How to Make a Debt Validation Letter - The Ultimate Guide
How to Make a Motion to Compel Arbitration Without an Attorney
How to Stop Wage Garnishment — Everything You Need to Know
How to File an FDCPA Complaint Against Your Debt Collector (Ultimate Guide)
Defending Yourself in Court Against a Debt Collector
Tips on you can to file an FDCPA lawsuit against a debt collection agency
Advice on how to answer a summons for debt collection.
Effective strategies for how to get back on track after a debt lawsuit
New Hampshire Statute of Limitations on Debt
Sample Cease and Desist Letter Against Debt Collectors
The Ultimate Guide to Responding to a Debt Collection Lawsuit in Utah
West Virginia Statute of Limitations on Debt
What debt collectors cannot do — FDCPA explained
Defending Yourself in Court Against Debt Collector
Arkansas Statute of Limitations on Debt
Youre Drowning in Debt — Heres How to Swim
Help! Im Being Sued by My Debt Collector
How to Make a Motion to Vacate Judgment
How to Answer Summons for Debt Collection in Vermont
North Dakota Statute of Limitations on Debt
ClearPoint Debt Management Review
Indiana Statute of Limitations on Debt
Oregon Eviction Laws - What They Say
CuraDebt Debt Settlement Review
How to Write a Re-Aging Debt Letter
How to Appear in Court by Phone
How to Use the Doctrine of Unclean Hands
Debt Consolidation in Eugene, Oregon
Summoned to Court for Medical Bills? What to Do Next
How to Make a Debt Settlement Agreement
Received a 3-Day Eviction Notice? Heres What to Do
How to Answer a Lawsuit for Debt Collection
Tips for Leaving the Country With Unpaid Credit Card Debt
Kansas Statute of Limitations on Debt Collection
How to File in Small Claims Court in Iowa
How to File a Civil Answer in Kings County Supreme Court
Roseland Associates Debt Consolidation Review
Do Debt Collectors Ever Give Up?
Can They Garnish Your Wages for Credit Card Debt?
How Often Do Credit Card Companies Sue for Non-Payment?
How Long Does a Judgement Last?
How Long Before a Creditor Can Garnish Wages?
How to Beat a Bill Collector in Court