Will The Chapter 7 Bankruptcy Trustee Take My Tax Refund?

11/26/11

Whether a tax refund will be taken by the Trustee in a Chapter 7 bankruptcy will depend on several factors. As a general rule, the amount of taxes withheld from your pay are prorated over the entire year.  This means that the portion of the tax refund for the time before the bankruptcy filing is property of [...]

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