I e-mailed one of the lawyers we had our choice narrowed down to last night and had a reply from him already (thumbs up to him for that!) with a few questions and one of them was about our power bill - we are a few months behind and have a deposit on the account from over the summer too that is a little over $300. Total bill is about $900 (I just told him we were a few months behind plus the deposit). This was his response to including it in the bk..
"2. the power company debt can be discharged in the bankruptcy but a. they will apply your deposit to the debt and b. you will have to pay a new deposit to keep service. So in your case it may not be worth listing, it is up to you."
What does it mean "they will apply your deposit to the debt"?
and is a deposit a set amount? Will it just be $300ish again, or could it be much more?
Thanks!
"2. the power company debt can be discharged in the bankruptcy but a. they will apply your deposit to the debt and b. you will have to pay a new deposit to keep service. So in your case it may not be worth listing, it is up to you."
What does it mean "they will apply your deposit to the debt"?
and is a deposit a set amount? Will it just be $300ish again, or could it be much more?
Thanks!
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