can ur tax return be taken by bankruptcy when seperat

Submitted by Anonymous (not verified) on Tue, 03/30/2010 - 04:29
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Can ur tax return be taken by bankruptcy court .. when only ( wife ) in a sperated realtionship is filling bankruptcy chapter 7.. if i file joint can they take my income tax return ?

Hi FL BEACH BOY,

Whether or not your tax return can be taken depends on various factors. It depends on the chapter of bankruptcy, and the state where you live in. Different states have different list of exemptions after filing bankruptcy. Other than this, it also depends on the total amount of tax you owe. Generally, tax refunds are levied depending on the time when bankruptcy was filed and when the refunds were received.

Hope this helps.

Regards,

Aaron

Tue, 03/30/2010 - 09:14 Permalink