Blog Posts in February, 2012

  • Tax refunds and bankruptcy

    || 2-Feb-2012

    A popular question this time of year is "what happens to my 2011 tax refund in my bankruptcy case"? In Chapter 7 cases, we need to determine what your anticipated tax refund is and then use the appropriate exemption to protect this 'anticipated refund'. If the refund ends up being less than what was forecasted, there is little to be concerned with. However, if the refund ends up ...
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