Simplescreening - Get Tenant Screening Report

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by: Eddylloyd
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Date: Wed, 18 May 2011 Time: 3:59 AM

With simplescreening, one can get detailed information about screening services and criminal background check because it is one of the best national employment screening and tenant screening companies.

One of the valuable benefits included in a LandlordOnline membership is the Community Forums. Here you can ask your questions, share your experiences, or network with other landlords. We provide here a few questions that have been posted in the Community Forums and our answers to them.

SimpleScreening offers various screening solutions, which is modified to meet the employment and rental demands. You can get accurate, simple and extremely easy employee screening reports. You can also get full spectrum of screening services such as credit checks, employment and background check.
   
You might be nuts if you consider renting to them before they actually file for bankruptcy with the Court, as listing you as a creditor may result in your losing anything owed to you at the time of filing, whether they file in a month or a year. How their filing might otherwise affect you will depend on a number of factors including which Chapter they file under. A bankruptcy will require you to file a Court action to remove the stay as it applies to rent. There are a number of factors that can change what happens between the time of filing and final disposition.

Keep in mind that the idea of them paying you a lot of rent in advance, in the unlikely event they are even able to do so, in order to cover the pre-bankruptcy period has three potential problems. First, some states limit the amount of advance rent a landlord can require, second, they may not file until after that advance rent is used and they owe more, and third, the Bankruptcy Court could consider it an attempt to defraud other creditors and make you turn part or all of the funds over to the Court.

Regarding doing a lease/option, keep in mind that the option might be considered an asset by the Bankruptcy Court, meaning any option payment could be treated as was discussed regarding advance rent above, or the contract itself could theoretically be assigned to someone else if it really had value (e.g., values increased significantly during the period of time that the bankruptcy action was in Court).

About the Author

SimpleScreening.com is a nationwide provider of credit checks and tenant screening products. Our screening services provide clients with affordable and comprehensive screening solutions designed to safeguard their business or property. To read more about credit check please visit our website.

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