Residential lease and chapter 7

Asked over 1 year ago - Allentown, PA

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On the debtors statement of intention do I list my home rental lease if I plan on continuing the lease (no outstanding debt)? I am a co-lessee with my girlfriend and she paid the security deposit, do I have to list this on sch. b or c since the money is not mine? Thank you for your advice!

Attorney answers (4)

  1. Pro

    Contributor Level 12

    1

    Lawyer agrees

    Answered December 06, 2011 12:30. A residential lease is listed on schedule G and on your statement of intention.

    Only list the security deposit if it is your money. You should not list the security deposit if it is your girlfriends money.

  2. Contributor Level 17

    1

    Lawyer agrees

    Answered December 05, 2011 07:16. Yes, you do stay your intentions regarding assumption of the lease on statement of intentions.

  3. Contributor Level 20

    Answered December 05, 2011 04:31. If you are not entitled to the deposit, it is not your property to list.

    As for the lease, yes you must list it as an executory contract. Your landlord has to provide space and you have to keep paying. You can indicate that you wish to assume the lease.

    Mr. Goldstein is a Virginia-licensed attorney only. The information is not, nor is it intended to be, legal advice.... more
  4. Contributor Level 17

    Answered December 05, 2011 12:14. The lease is listed on Schedule "G" and on your statement of intention you list that you wish to accept the lease. The security deposit should be listed on schedule B and then a security interest on the deposit should be listed on schedule D for the landlord. Hope this helps....

    The response given is not intended to create, nor does it create an ongoing duty to respond to questions. The... more

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