Monthly Archives: February 2012

Getting a tax refund? How it impacts a Chapter 7 bankruptcy case

This is the season for tax refunds, and don’t think that the bankruptcy trustees don’t know it! Like sharks around a bucket of chum, there is little that can get a trustee into an excited frenzy like a debtor coming in to bankruptcy court with a sizable tax refund. But with a little knowledge and […]

Posted in Exemptions, Practical tips, Taxes | Comments closed

What’s IN your bankruptcy? Everything had better be IN your bankruptcy!

This may be included in the realm of misguided terminology, but I often get comments from my bankruptcy clients that sound something like this: “I didn’t know my cars were IN the bankruptcy.” Or, “I thought we were keeping the house out of this bankruptcy.” These statements are grating on my ears (they would be […]

Posted in Exemptions, Practical tips, The Bankruptcy Code | Comments closed
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