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If you receive a tax refund in January and spend it all and then file bankruptcy in February can the trustees make you pay back the refund?
Wiki User
∙ 8y ago
No. But it could possibly depend on whether or not the BK was accepted. Dependent on how much the refund was and what it was used for. In general, only the assets that you have at the time you file are included, not monies already spent.
No, But if you file, next year you will possabily have to pay half of your tax money.
Why would I have to pay half of my tax money on next years taxes?
Wiki User
∙ 8y ago
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Will a closed credit card account receive notice of a bankruptcy filing?
Only those creditors you list on your bankruptcy schedules / creditor matrix (list) will receive actual notice.
When should a stockholder receive payment if a company declares bankruptcy?
A stockholder should receive payment only after the claims of the creditors have been paid off if that company declares bankruptcy.
Does a mortgage company have to accept a late payment during a bankruptcy if they receive it?
No.
How do you buy a house while in a chapter 13 bankruptcy?
The chapter 13 petitioner/participant must receive the approval of the bankruptcy trustee for all major financial transactions.
What is the purpose of a finance in business?
The purpose of finance in business is to avoid bankruptcy, protect your assets, receive income, to plan ahead and submit/receive an accurate tax return.
Can you file bankruptcy if you receive VA disability?
It is possible to file bankruptcy when receiving VA disability.
Is there a law that you must receive your w2 by Jan 30 or must they be mailed by Jan 30?
They have to be mailed by January 31st and the IRS gives a grace period from that time for you to receive them. You should receive them by February 15th.
How do you know when your chapter 13 bankruptcy is over?
You will receive a letter that your bankruptcy is discharged. You can also call the bankruptcy court or the trustee and find out if it is final.
What happens if you receive a pay rise after bankruptcy?
If you receive a pay raise after filing for bankruptcy, it will not change things. In fact, the pay raise will end up being surrendered.
If you are entitled to a large inheritance right after bankruptcy how much can the trustee take?
Your bankruptcy trustee has the right to receive your share of the inheritance within 6 months of filing your case. The trustee has the right to receive it all. Typically what happens though is the trustee receives the full amount and then makes a determination of how much is needed to satisfy your estate and debts. If you receive more than is necessary to pay off your debts, you will get a refund. It can take some time though. In rare cases, the trustee may have you cut a check for the amount and you keep the difference. But normally trustees don't trust debtors to do this.
Will a closed credit card account receive notice of a bankruptcy filing?
Only those creditors you list on your bankruptcy schedules / creditor matrix (list) will receive actual notice.
When should a stockholder receive payment if a company declares bankruptcy?
A stockholder should receive payment only after the claims of the creditors have been paid off if that company declares bankruptcy.
How long those it take to get your w-2?
Employers are supposed to have them sent out by January 31st, 2009. You should receive it by February 10th, at the latest.
Does a mortgage company have to accept a late payment during a bankruptcy if they receive it?
No.
Are accounts after bankruptcy included in bankruptcy?
Any debt that you accumulate before your bankruptcy filing and have listed on your petition will be eliminated when you receive your discharge as long as your creditors do not file an injunction against you. After you receive your discharge you are welcome and able to open new credit accounts but any debt you accumulate will not be considered a part of the bankruptcy you filed before opening the account.
When should I receive my 1099 form from someone I worked for during 2009?
You should get any and all tax information by the end of January or the beginning of February. If you made less than 600$ from an employer you won't receive a 1099 form. Employers generally send out 1099 forms by January 31st. The true deadline is February 28th to have it mailed. Allow for up to a week for the post office to deliver it.
How long will you will it take to receive credit with a chapter 7 bankruptcy?
There is the 10 year penalty.
