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When you r in bankruptcy in the state of Missouri and on chappter 13 will the court take all of your income tax?
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Will the bankruptcy court take a tax refund in Colorado?
Yes unless it is Earned Income Credit.
What do you do to get your name and your children removed if someone used your name income and children as dependents for their bankruptcy?
Your question needs to be addressed to an attorney familiar with bankruptcy laws as well as fraud statutes. You could begin by informing the bankruptcy trustee. That is the person assigned by the bankruptcy court to determine the eligibility of the bankruptcy applicant. If you can't find out who this person is, try calling the bankruptcy court. Bankruptcy is a federal court issue. There are usually two bankruptcy courts per state.
What are employee income records for bankruptcy?
According to the Central District US Bankruptcy Court clerk in Santa Ana, Ca., an Employee Income Record is nothing more than a pay stub from your place of employment.
What tests can be used to dismiss a bankruptcy petition?
The tests that may be used by the Bankruptcy Court in dismissing a petition for abuse include a median income test and a means test.
Can you file Bankruptcy without a job?
Of course. Filing for bankruptcy, put simply, is showing the court that your debts and financial obligations substantially exceed your income. The fact that you are self employed will not serve as a bar to your bankruptcy application but you will need to show detailed and accurate records of income and various expenses to establish the deficiency.
What is the second highest court in the state of Missouri?
The second highest court in the states of Missouri is the Federal Court of Missouri. The highest court in Missouri is the Supreme Court of Missouri.
How do you file chapter 7 together or separate if you are separated?
When you file a mutual bankruptcy, you and your partner file a single set of bankruptcy papers with the court. In your bankruptcy appeal, you release all property, debt, income, and expenses you have between both you and your partner.
What if your income increases after filing a chapter 13 bankruptcy?
Chapter 13 is more of a repayment plan than a debt wipeout. Because of that, if there is a change in your financial circumstances after filing for bankruptcy then the court needs to be aware of it.
Where can one file for bankruptcy in Florida?
Bankruptcy can be filed at the Bankruptcy court for the area you are in. For instance in Northern Florida, it's the Florida Northern District Bankruptcy Court.
In my settlement lump sums come every 5 years can the bankruptcy court take from me?
Sure. It is currently an asset...you just don't have the cash yet. Added: Check into this with the bankruptcy judge or ask the Clerk of The Court's office. There are SOME streams of income that are judgment free in a bankruptcy. You will have to check further to see if your particular one qualifies.
Can you file bankruptcy when you debt is federal and state income taxes?
You can file bankruptcy at any time you like, but I will tell you that bankruptcy court does not have the authority to drop the taxes. The IRS or State may allow a payment plan instead of allowing them to begin confiscating property. You will still have to pay the taxes due and it may be to your benefit to work out a payment plan directly with tax department and not have to pay the legal and court fees involved with the bankruptcy.
What is the means test to file bankruptcy?
One of the first steps you must take when filing for bankruptcy is to complete a "means" test. You must submit the results of this means test to the Bankruptcy Court. The means test checks your income in order to determine your eligibility to file for bankruptcy. If your income is below the average for your state, then you can file for Chapter 7 bankruptcy without any problems. However, if your income is above the state average, the calculations for the means test become more complex. The means test looks at your disposable income (the amount left over after paying your expenses). If your disposable income is too high, the Bankruptcy court may decide that you can pay off at least some of your debts, and prevent you from filing for Chapter 7 bankruptcy. You are still able to file Chapter 13 bankruptcy, however.
