What would you like to do?

Will the bankruptcy court take your tax refund if your case has been closed for a year?

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 question gets asked somewhat frequently. The general consensus is that it's sort of regional and case specific. A particularly large refund interests them for sure. However, any that they do consider as a bankruptcy asset would have had to be paid over (withheld) in the pre filing periods. If your case has been closed for a while, and you filed yet sometime before that, this years refund would have been from post filing earnings and not subject to them.
14 people found this useful
Thanks for the feedback!

Will the bankruptcy court take a tax refund?

It depends on the individual. Your lawyer should be able to answer  this question the best because they know the situation. I had this  same question. My lawyer told me that

Can the bankruptcy court take your tax refund for 2004 if bankruptcy was filed in Dec 2004 if this was not discussed at the Creditors Meeting?

I think it depends on when your debts are discharged. If they were already discharged, it was a Chapter 7 bankruptcy, and it wasn't discussed at the creditors meeting, then t

Why does the court sometimes take the tax refund when a person files a chapter 7 bankruptcy?

  Answer     A tax refund is considered income/asset belonging to the BK petitioner and is therefore subject to seizure for the repayment of debt.     Whe

Will the bankruptcy court in Arizona take your tax refund?

This question comes up a lot. It seems the answer really is it depends: mainly on how much and very importantly, if your earnings/overpayment of withholding relates more to

Can the bankruptcy court take your entire tax refund if married filing jointly?

  Presuming not a community property state and only one of you filed BK? The part that can be shown relevant to the non-BK spouses earnings and overpayment would be exem

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

Will the bankruptcy court take a tax refund after your bankruptcy is discharged?

Usually not. Your bankruptcy petition will ask you for information on whether or not you received a tax refund for the year prior, but they don't usually track you afterwards