Legal Question in Bankruptcy in Ohio
Security deposit/Bankruptcy
My landlord had declared Chapter 7, is my security deposit protected?
I have moved out at the expiration of the lease and gave the required notice, but he has not reurned my money or given any reason.
Asked on 10/21/08, 3:00 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Security deposit/Bankruptcy
The security deposit is an asset of the bankruptcy estate, but you would be a creditor of that estate with an unsecured priority claim. You will be reimbursed ahead of other unsecured claims, less any damages to the real estate.
Answered on 10/23/08, 4:09 pm
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