I am a college student that lives in an apartment building in Indiana. I resigned my lease my lease 4 months ago, but ever since then my apartment complex has really cheated me on a lot of things and I want out. Not only that but my place is really expensive and my parents can’t afford it since my dad’s business just went under. I have already spoken to them and they will not let me out or give me any alternatives. They asked me to guarantee the lease, but I didn’t do it before I signed, and have told them I wouldn’t do it since then. I have no money to my name and my parents have just been paying for me. What happens if I just walk away? Will they even try to go after me if they know I have no money? Is it their fault they let me sign without a guarantee?
What are the repercussions of breaking the lease? If I have no money is the only thing to worry about my credit?
Landlord said:
Apr 11, 09 at 7:14 pmOh, they can sue you and obtain their judgment now.
You will have money to pay them someday and they can just garnish the money you want to cheat them out of from there. Plus interest. They get 10% a year, pretty damn good money these days.