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Adam.p
Starting Member



8 Posts
Posted - 09 March 2011 :  13:17:06  Show Profile  Visit Adam.p's Homepage  Reply with Quote
I am a private landlord and going bankrupt, i can not afford to give back deposit to tenant....what should i do...can i get in trouble

debtinfo
forum expert



2826 Posts
Posted - 09 March 2011 :  14:03:59  Show Profile  Reply with Quote
When did the teant move in if it was in he ast couple of years then the deposit should have been held in an officially sanctioned scheme
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Richard P
Senior Member



United Kingdom
1701 Posts
Posted - 09 March 2011 :  14:07:17  Show Profile  Reply with Quote
Hi Adam

As a self employed landlord who had to go BR (and reading your other thread.)

My tax liability was included in my bankruptcy

I took guidance and did not position myself for bankruptcy until all of my tenants had the opportunity to find alternate accomodation.

easier said than done.

my tenants had paid me the deposits and this had been held in a TDS (tenancy deposit scheme).

before digging the hole any deeper i would suggest contacting directly one of the experts

Richard
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Adam.p
Starting Member



8 Posts
Posted - 09 March 2011 :  14:35:31  Show Profile  Visit Adam.p's Homepage  Reply with Quote
will do thanks richard, deposits are not held in holding account
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