Will I Lose My Tax Refund if I File Bankruptcy?

01/16/12

‘Tis the season when bankruptcy trustees are taking tax refunds. Potential tax refunds MUST be disclosed on your petition just like your couch and car.  Not disclosing your State and Federal tax refund is often a sure way to forfeit your tax refund.  The problem with tax refunds is usually there is no specific exemption [...]

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