Category Archives: Taxes

Can I Keep My Tax Refund in a Chapter 7?

Many people who are interested in filing for Chapter 7 Bankruptcy are interested to know if they are able to keep their tax refunds if they decide to file.  The answer to this question depends on when your case is … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 7 Bankruptcy, Exemptions, Protected Assets, Taxes | Comments Off on Can I Keep My Tax Refund in a Chapter 7?

What is a “Motion to Dismiss”?

Often, when in a Chapter 13 Bankruptcy case, debtors will receive notice from the court and their attorney that there has been a “motion to dismiss” filed in their case.   A motion to dismiss can be filed by a number … Continue reading

Posted in Bankruptcy filing, Chapter 13 Bankruptcy, Taxes | Comments Off on What is a “Motion to Dismiss”?

How Can I Keep My Tax Refund or Insurance Proceeds in a Chapter 13 Bankruptcy?

A Chapter 13 Bankruptcy typically lasts for a period of three to five years, and as we all know, a lot can change in that amount of time.  Over the course of three to five years, an individual may have … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Settlements and claims, Taxes, Uncategorized | Comments Off on How Can I Keep My Tax Refund or Insurance Proceeds in a Chapter 13 Bankruptcy?

Can I Keep my Tax Refund if I File for Bankruptcy?

Many individuals wonder if they will be able to keep their Federal and State Income Tax Refunds if they are planning on filing a Chapter 7 bankruptcy.  The answer to this question depends on various circumstances including how much of … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Exemptions, Taxes | Comments Off on Can I Keep my Tax Refund if I File for Bankruptcy?

Unexempt Tax Refunds in a Chapter 7 Bankruptcy

One of the most frequently asked questions by people who are planning on filing a Chapter 7 bankruptcy near the end of the year or the very beginning of the year is “what will happen to my tax refund?” When … Continue reading

Posted in Bankruptcy filing, Bankruptcy General, Chapter 7 Bankruptcy, Discharge of Debt, Exemptions, Protected Assets, Taxes | Comments Off on Unexempt Tax Refunds in a Chapter 7 Bankruptcy

Are delinquent personal property taxes dischargeable in a chapter 7 bankruptcy case?

It depends on how old the property tax is. If the property tax is older than one year it will be dischargeable. §523(a)(1) lists the exceptions to discharge and refers to §507(a)(8) which describes a property tax as priority when it is … Continue reading

Posted in Discharge of Debt, Taxes | Tagged , | Leave a comment