by Akim » Tue Feb 11, 2014 5:36 pm
Tell his attorney that you will file charges for defrauding you of your escrow if they don't pay you(criminal charge) I believe, by law, the security deposit must be ketp in escrow. That means in an interest bearing account and you should get your security deposit back with interest. The interest part rarely happens.... in fact many landlords are so unsophisicated and oversight so low that they just use the money as their own. I would say you are probably right... he used your security deposit as if it was his own money. He should not be able to use Bankruptcy to get out of paying you. I believe you could bring charges against him for defrauding you of the money in fact. That bit of information may cause him to find a way to pay you your money. Remember... a security depoist is just escrowed money... it isn't a loan and it is not meant for him to use. It is your money. If it is gone then what he did is tandamount to theft. To file charges you just go to your local magistrate... an arrest may be made on that. Another way would be to sue him in small claims court(magistrate can help you). For less than $5000. You may be able to put a lien on his properties with that judgement... you may anyway. JayD 57 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.