Question about deposits - enlighten me If you have deposits out for utilities and, naturally, rental property, and you have to show them on an interrogatory or debtor examination, what happens to those ? I'm assuming here that the creditor can force those funds to be turned over to them, is this true ?
What happens, then, to the rights of the companies who requried them in the first place ?
What happens to the debtor when those deposits are siezed, do the companies retailiate or come after you again for them ??
I mean, what does a landlord do to the tenant when a security deposit, which is held in an escrow account, is taken from them, is the tenant then liable to give them that money back again somehow ??
It just seems wrong to me that those deposits, made to other uninvolved companies, usually long before the trouble started, could just be snatched.
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