Share post
Share
Debt Consolidation Forums Banking and Chexsystems forums

Bank Levy on Security Deposit

Date: Wed, 03/20/2019 05:04
member profile picture
Posts: 67
Credits: 0
[Donate]

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.

Sub: #1 posted on Thu, 03/21/2019 - 23:39

David Martin David Martin

(Posts: 386 | Credits: )

Talk to your landlord regarding this this matter. Since you have paid the amount, they can't take out money from the escrow account.

Sub: #2 posted on Fri, 03/22/2019 - 05:53

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

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.

Sub: #3 posted on Sat, 03/23/2019 - 17:46

mvezza mvezza

(Posts: 67 | Credits: )

Consult with an attorney for a perfect solution. There must be some tenant rule regarding it.

Sub: #4 posted on Thu, 03/28/2019 - 06:01

Sanders Patricia Sanders Patricia

(Posts: 1234 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 1.010 seconds.