Want this question answered?
To the cops or Utility company.
Yes, a utility deposit is an asset.
no
No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.
deposits are refundable and fees are not
Utility expenses are recorded in the expenses section of an income statement
Bad credit does NOT necessarily stop one from qualifying for a Section 8 housing voucher. Landlords may choose NOT to rent to a Section 8 participant with credit problems, but mostly that's because the potential tenant had issues with their current or previous landlord (e.g.: an eviction) or previous unpaid utility final bill.
Sounds illegal to me, wherever you are. Certainly illegal in Canada.
A utility company may not collect any debt that was discharged in a Chapter 7/13 bankruptcy. The discharge injunction, in most cases, prevents a creditor (including a utility company) from collecting a debt that was discharged. However, the utility company can, and often does, require a security deposit before resuming utility services.
Josh Rogers page 12 section 4-5
One can check their Utility Bill on their city's website. For instance, if one lives in Scottsdale, then one can visit the Scottsdale City's website and view payment options and deposit methods.
You can right away but they will probably require you to pay a higher deposit.