Legal Question in Credit and Debt Law in New Jersey

In NJ is it allowable to place a bank levy on a tenant security account?

Asked on 10/17/11, 1:07 pm

1 Answer from Attorneys

John Corbett Corbett Law Firm LLC

Not if the levy is due to a judgment against the landlord. NJ statutes provide that the rent security deposits are still the tenant's money. The landlord must oppose any turnover of funds from a tenant's account.

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Answered on 10/20/11, 7:30 am

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