Is there any way to get out of a rental lease agreement due to loss of job and financial trouble?

My dad is 75 and recently lost his job as a barber. He's currently seeking other employment, but will not be able to earn the same income as when he was a barber. Naturally he just signed his new one year lease agreement right before he lost his job. He's asked the apartment complex if they can rent him a cheaper apartment in the complex, but they've declined his offer and said he must fulfill his lease agreement before switching apartments. Are there any organizations (like Consumer Credit Couseling or similar) that could possibly persuade them to reconsider? I haven't seen the lease agreement, but I'm betting there's a clause with a high price to get out of the agreement; however, could the combination of these things be grounds to get him out of the lease? (1) His age is 75, (2) finding a job at that age is difficult (to say the least), %26amp; (3) his only form of monthly income is his Social Security check.Is there any way to get out of a rental lease agreement due to loss of job and financial trouble?
If he signed the lease, in almost all cases he is on the hook for the entire duration of the lease. An exception might be if the lease was invalid or illegal for some reason (violation of a state or local law). He might consider:


- Offer to buy out the lease from the landlord.


- Sublet the appartment to someone else. This usually requires cooperation with the landlord.


- Moving out. He is still on the hook but the landlord will probably try to rerent. This will screw up your Dad's credit score.


- Get a roommate to help pay the rent.


- Have him find two or three jobs that combine to pay enough for him to pay his bills.





Good Luck to ya!Is there any way to get out of a rental lease agreement due to loss of job and financial trouble?
There is no unilateral way to get out of this contract, but most landlords will work with you. They'd rather have you out so they can re-rent the apartment rather than have you using the apartment with no chance of paying them the rent.





He could consider sub-letting the apartment, or simply paying the landlord what he can afford and letting the landlord evict him.