I live in a condo that when I bought it required a two month condo reserves to be put into the condo fund. When I move, I will get this back. But what happens when you surrender the property back to the bank? I am currently in foreclosure and filed bankruptcy. Doesn't the bank get this money? Should I list this on the chapter 7 forms? Where? The trustee can't get at it until the property is sold and it isn't much, just about $600. Can I just claim it as exempt? What if the condo company tries to keep it? Any help is appreciated. Thank you everyone for your help.
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Two month condo RESERVE, does this go on the forms and where?
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