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Bank Levy on Security Deposit

Bank Levy on Security Deposit

Submitted by mvezza on Wed, 03/20/2019 - 05:04
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I recently had a bank levy on my personal checking accounts - but is it possible they also levied my security deposit on my apartment? The money was paid to my landlord and they mentioned opening an escrow account in my name - is it possible they levied that money too? I haven't heard anything from my landlord


No. If your personal checking account has been levied, then banks won't touch the escrow account that has been opened by the landlord. I guess you have already paid the security deposit before the bank levied your personal checking account. In that case, the bank can't touch the money you have already paid. Contact your landlord regarding this issue.


Submitted by David Martin on Thu, 03/21/2019 - 23:39

David Martin

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I'm in the situation where my old landlord sold the property to my new landlord - so my security deposit from 10 years ago has been transferred to my new landlord. They had me fill out a W-9 form to open an escrow account.


Submitted by mvezza on Sat, 03/23/2019 - 17:46

mvezza

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