Im involved in a lawsuit with my homeowners association and have not been paying the monthly maintenance fees for awhile now. Would I be able to put every months fees to an escrow account just to show that in good faith I am willing to pay, just not to them at this time? I%26#039;m not too sure how all of this works? Can you elaborate please?
Can I open up an escrow account for a non-business matter?
Try escrow.com
Can I open up an escrow account for a non-business matter?
An escrow account is simply a place to leave money with a third party that is trusted by both sides. If you are in a lawsuit, you shouldn%26#039;t be doing anything without discussing it with your attorney. This is convenient because most attorneys have special arrangements to account for client funds. This turns out to be ideal for escrow purposes.
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