Rental being foreclosed

[brokemfer]

I filed a CH13 back in August, and my confirmation hearing is set for next week.

Found out a few days ago that a short sale on the house I'm renting fell through, and the house will be foreclosed upon. This means I'll need to be out by the end of March, which is six months before the lease is set to expire.

I'm waiting for a return call from my lawyer, but do I need the trustee's approval to sign another lease, or to increase the rent I'm paying if necessary? Depending on what's available at the time, and on what landlord is willing to take on a tenant in a Chapter 13.

Thanks!

[liz417]

I think you'll do best if you rent from owners rather than renting from an agency/leasing office. I think with the way the ecomony is right now, people are going to be (or need to be) more understanding.

Good Luck!

[MJJ3767]

This means I'll need to be out by the end of March, which is six months before the lease is set to expire.
Thanks!

Just curious......did you put down a deposit when you rented this house? The reason I ask is because I just filed Chapter 13. I had to list the deposit I put down on my rental ($800) as well as the deposit to the electric company. ($250) These were put down over 5 years ago when I first rented my house but my attorney told me that if I move before my discharge (60 months), those deposits go to the trustee!

[brokemfer]

I did put down a deposit on the house, and I was planning on using it to put down on a new place if I have to move. Having to turn that over to a trustee would put me in quite a bind. Another question for the attorney!