If my landlord filed bankruptcy, should I be getting back my security deposit?
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If my landlord filed bankruptcy, should I be getting back my security deposit?
The house went back to the orignal owner since it was a land contract.
Asked on May 18, 2012 under Bankruptcy Law, Michigan
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Yes, you should. Generally speaking, if the landlord has declared bankruptcy, your security deposit should still be available to you (minus legitimate deductions for damage or unpaid rent) at the end of your tenancy. But the reality is that you may still have to take steps to get your deposit back, like sue in small claims court. Good luck.
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