Bankruptcy Bliss

If you file Chapter 13 Bankruptcy Can they take your income tax refund?

km10j8baker asked:


I have filed chapter 13 bankruptcy and I have not filed my income taxes yet. I have been told that the bankruptcy court can take your refund if you have one due to you. Is that true?

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This entry was posted on Wednesday, February 18th, 2009 at 5:38 am and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “If you file Chapter 13 Bankruptcy Can they take your income tax refund?”

1. bobby d on February 20th, 2009 at 3:17 pm

   I think so – plus, one of the things bankruptcy wont erase is tax liability.

2. Mark F on February 20th, 2009 at 9:05 pm

   I don’t know about now but about 10 years ago I filed bankruptcy and I kept all of my refund.

3. Christine M on February 21st, 2009 at 12:11 pm

   The way I understand it is that whatever you have completely written off will be considered income for you. This means that you will have to pay taxes on these just as if you received money as income.

4. Kute_N_Pretti on February 24th, 2009 at 5:17 am

   Yes they can….the trustee will make you sigh the check over to them….I file my taxes before I filed bankruptcy and I had to show an itemize list on how I spent the money…but I did not have to show receipts…and I couldnt pay bills ahead…I had to put stuff like car repairs, clothes, etc…if you file bankruptcy b4 u file your return….the trustee will take it…

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