What would you like to do?

In you are filing chapter 7 in New York can they take your tax refund even if you are putting it all toward paying for school?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

This may not be helpful at all, but for what its worth... I have no idea what the exemptions are like in New York, but in Indiana, trustee's couldn't care less what the debtor intended to do with the refund check. Indiana law says you get to keep $100.00 of cash per debtor, period. Anything above that the trustee will keep and distribute to creditors. It is not an issue of what the debtor had planned for the money, or how bad the debtor needed the money, it is simply math: the law says you keep $100.00 and the trustee gets the rest, and that's the end of the analysis. Assuming New York is like Indiana, I would say the trustee will be unmoved by what your plans are for the refund. But, like I said, I don't practice law in New York so maybe there's some exemption over there that is different that what happens in Indiana.
Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
Thanks for the feedback!

Does trustee in Louisiana take your tax refund in chapter 13?

No they do not take your refund from my experience, but they do take the state refund. If they do take it, you can contact the trustee and ask for it back. I was told as long

Do you have to file taxes even if you getting refund?

Yes. Do you think the IRS should just presume that everybody who doesn't file doesn't owe any taxes? 26USC6012 requires anyone having more than a certain amount of income

How can you keep your tax return when you file a bankruptcy chapter 7?

I assume you mean "how do you keep your tax REFUND when you file a chapter 7 bankruptcy?" A tax refund is an asset of the estate and, generally, the trustee will take it. Ther

How to file for property tax refund?

Contact your local property tax department and request a copy of the form that you will need to use to file for the property tax refund or you could try and see if this could

Do you pay taxes on refunds?

  In the U.S., it depends on the type of refund and what's being refunded. Generally, if it's a refund of the price of something you purchased, it's not taxed, assuming th

How can you find out how much of your income tax the trustee will take after filing chapter 7 bankruptcy?

The answer to this question varies from jurisdiction to jurisdiction, but I would say it is wise to ask your attorney what the common practice is in the district in which you

Will your tax refund be taken to pay back your debt if you file for bankruptcy in New York city?

Answer   Though no one "wants" to file bankruptcy, your question is valid. An income tax return is usually looked at as a lump sum of money to help get back on one's feet

Should you wait to file chapter 13 after tax refund?

  Either way they will want a tax return filed before filing for chapter 13. If you are expecting a refund then they will seize it if it is after so to keep the money fi

Will the bankruptcy trustee in Minnesota take your tax refund in case of chapter 13?

No! You must claim more dependants on your paycheck to avoid the trustee claiming your refund. 1500$ is the limit from Fed and State combined. Keep your refund below that amou