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What happens if you don't give your refund check to the trustee for chapter 13 in Florida?
Wiki User
∙ 16y ago
Thats a Federal building and Court you've been working with.
Bankruptcy is a Federal law.
Let's see...you make promises to all types of people to get them to lend you money (so you can think more of yourself I guess), and how you'll pay them back, and swear and sign how you'll do so. But then you don't.
You go crying to the law..."Oh please protect me...I promised people I'd do things, but I don't want to keep my word, and they are so mean...they want me to give up stuff I have just because I swore and promised I would...please...courts, law, assign a trustee to protect me and my stuff from everybody...I can't do it myself, or be expected to honorably act like I promised...."
They step in and do it. And you swear and promise, and even sign a zillion places, that for them doing so, and continuing to do so, you'll do the things they need you to to resolve the mess YOU made. Others will get hurt for forever, but you'll come out fine.
And now, you don't do that either. Anyone going to be suprised that you once again want to keep what isn't yours, and do so regardless of who you hurt, even if those people only supported and helped you (by actions or loans)? And you even went out of your way to lie and do so?
No they probably won't. Because your a bankrupt (in all ways) pathetic loser and
that type of action is not uncommon of worthless flotsam.
Oh, by the way...one of many reasons you should do what you asked and then agreed to the court to do..is it's real clearly probably illegal not to. Of course, you don't care about things like that, you only care about what will happen to you!
Wiki User
∙ 16y ago
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How long do it takes for a trustee to refund your tax refund after canceling chapter 13 bankruptcy?
60days
Do i have to give tax refund tpchapter 13 that was filed last 2013?
If the Chapter 13 Bankruptcy is still active you probably will need to turn over this to the Chapter 13 Trustee. At the least you need to ask the Trustee about the refund amount and if it must be submitted or not.
Will they take your tax refund while you are in chapter 13?
Depends on the trustee. Some do; some don't.
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 amount combined and you will be in the clear. I find it ironic that if you owe the irs any money the trustee does not help out with that but if your refund is good then the trustee will claim it. Hope this helps!
Does the trustee in chapter 13 cases in North Carolina take your tax refund?
I spoke to my lawyer about it and he said that he has never know the trustee to take the refund in this district. I would advise you to talk with your lawyer, I am sure your case wasnt his first and they should have a history with the trustee.
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 as the payments were being made every pay period we were okay. Hope this helps
Why can a trustee take your income tax return if you are filing a chapter 7 bankruptcy which relieves you of your debt and does the trustee give the money to the creditors?
The trustee may take the refund and distribute it to creditors because a tax refund is not considered an exempted asset under bankruptcy laws.
How long does it take for a trustee to refund your tax refund after filing chapter 7 bankruptcy?
The tax refund goes into the bankruptcy estate. If your chapter 7 filing did not exempt the refund, the money will be used to pay the trustee and to pay your debts pro rata. That is, each creditor gets an amount equal to the percentage the debt is to the total indebtedness. You are not likely to get anything back, but if all the debts are paid off 100 per cent and the trustee is not entitled to any more money, the balance will be paid to you. The trustee should have decided what s/he is going to do. If you have a lawyer, s/he should discuss it with the trustee. You can also talk to the trustee or your case manager. I doubt you will get any of the refund, but make sure to stay on top of the issue and get notices of any trustee motions regarding these funds.
Can they hold your federal return in chapter 7 bankruptcy?
The trustee can ask you to turn it over to him if he knows that you are getting a refund back.
Does a tax refund automatically get sent by the IRS to bankruptcy court after a chapter 7 discharge?
No. Everything that happens in a bankruptcy case goes through the (7 or 13) trustee and if the trustee has not acted to get the refund, but has told you it must be sent to him/her, that is your obligation when you receive it. If the trustee did not know about the refund, and you omitted that information from your schedules, you may find your bankruptcy dismissed with prejudice, so you will not be able to re-file it for a while. If you owe the IRS back taxes, they may intercept it. Then it will depend on whether the taxes were or will be discharged. Talk to a lawyer.
If you file a bankruptcy 7 in August what happens with your tax refund that you may be entitled to the next year and thereafter?
If the debtor is entitled to receive an income tax refund or a similar nonexempt asset in the near future, he or she should not file under chapter 7 until after the refund or asset has been received and disposed of. Otherwise, the refund or asset will become the property of the trustee.
If you filed for chapter 13 can you spend your tax returns?
No, if you're in Ch. 13 you're supposed to send your refund in to the trustee who will calculate the 'reasonableness' of the refund and send you any excess (sure they will)
