I am a new landlord and about to rent out my house at $3200 a month. A family want to rent my house on September and submitted his application today. I ran his credit report and found out he just filed a Chapter 7 bankrupcy last month.
What is my risk if I rent the house to him ? If he does not pay his rent, how long will it take legally to let him move out ? Does he get any bankrupcy protection in any way that will affect his payment to my rent ? He intend to pay me cash monthly.