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Originally Posted by LordSquidworth
I can't really say I've seen that here in the states, nor do I ever see it discussed. I know they exist. Why aren't they more common?
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They are very common. They are called judgments. Smart landlords sue tenants and get judgments. The judgment stays on the tenant's credit report for the life of the judgment which could be ten to twenty years in most states. Judgments will do damage to people even if the landlord never collects.
Smart landlords will run background and/or credit checks and find the judgment as well as any other credit problems a prospective tenant might have.
There are also landlord data bases that a landlord can subscribe to that will bring up tenants even without a lawsuit.
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I've had tenants totally destroy a place before. There's really nothing you can do about it. Cant get blood from a dead horse. They just move on and go elsewhere.
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I had a lot of that when I had my rentals. I always sue. Generally got default judgments. Never got any money but had the satisfaction of knowing that, someday, the deadbeat would want something important and not be able to get it with a judgment on the record.
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why don't we better protect ourselves from the filth?
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My solution, after 20 years of it, was to sell my rentals and never look back.