Eviction is defined as a legal process by which landlords remove renters from their rental property. The reason behind many evictions tends to be delayed or unpaid rent, however, some other reasons can also lead to your eviction depending on your lease’s terms. For instance, it is possible for you to get evicted because you may have damaged the rental property or you may be using it for something illegal.
Eviction laws tend to differ in every state; however, evictions aren’t something surprising usually. In most of the states, the landlords are required to provide prior notice to renters for leaving the property or resolving the issue before beginning of a legal process of eviction. You can leave your champions Village apartments after getting this notice and completely avoid the process of court eviction. Here it is also important for you to know how your credit is affected by eviction because your credit might get checked before you get approved for your next apartment.
The evictions do not show up directly on the credit reports, but the information related to eviction appears on the report. If you are sued by the landlord for getting you evicted and the judgment is given against you, this judgment will appear on the report in the section of public records. When the judgment for some property management firm is present on a credit report, it is likely for all businesses checking your report to assume that you had to face an eviction. This judgment will, unfortunately, damage the credit rating and it will become hard for you to rent any Houston apartments in future, and it will also reduce your chances to get the approval for a loan or credit card.
Evictions tend to stay at credit reports of the renters for as long as seven years. Even if you pay off the judgment it will not remove the eviction from the credit report. However, it can improve the chances to get approved for rental apartments in future as the time goes on.
Even if you’re planning to move before your eviction getting to the court, credit will still get affected if you owe some fees or rent, and it is possible for the landlords to use some collection agency or other options for getting the amount owed to you. Such actions will appear on the credit report which will, in turn, hurt the credit rating.
Sometimes, landlords take the option of reporting to the tenant screening companies and even though the eviction will not be there on the credit report, cross checking with these companies can simply reveal the eviction record.
Renting apartments with evictions reflecting on the record can be hard and, therefore, one must avoid getting into such situation. So, it is better to resolve your issues with your landlord and make sure you pay on time and don’t violate your lease terms.