Helping you make smart bankruptcy decisions

what happens to my security deposit when my apartment owner files a chapter 13 bankruptcy?

my apartment owner filed a chapter 13 bankruptcy, i think he is giving ownership to the bank, so what happends to my security deposit? Does he give me it back or anything,, thanks

You go on the list of debtors just like everyone else. I’m not sure where you fall in the pecking order, it’s possible you’ll lose it or have to wait 8 years to get it back (which is about the same).

When the bank takes the building, ask them if your deposit is still good. They might cover it.