Hello everyone. Long time reader, first time poster......
We filled Ch13 in Dec07 and was Confirmed in Jan08. Plan documents said that we get to keep $1000 of our tax return and all extra goes to the plan. The 07 return went to the trustee and they sent us a check for $1000, which was what I expected. When the stimulus came later in the year, same thing happened - it went to trustee and then they sent us a check for $1000.
This is where I'm really confused, I logged in to the trustee's website a few days ago and saw this info:
3/13/2009-REC'D 2008 TAX REFUND $1197.00 - PLAN = EX OF $1000.00 - PP=$1197.00 - DEBTOR REFUND = $0.00 SINCE DEBTOR REC'D A PRIOR 2008 ESA TAX REFUND OF $1000.00 ------
Before I call my lawyer and ask more questions about it I thought I'd ask the communities opinion. It don't seem right that they can turn around and take our whole return. I definitely didn't think I'd get "stimulated" like that. LOL
We filled Ch13 in Dec07 and was Confirmed in Jan08. Plan documents said that we get to keep $1000 of our tax return and all extra goes to the plan. The 07 return went to the trustee and they sent us a check for $1000, which was what I expected. When the stimulus came later in the year, same thing happened - it went to trustee and then they sent us a check for $1000.
This is where I'm really confused, I logged in to the trustee's website a few days ago and saw this info:
3/13/2009-REC'D 2008 TAX REFUND $1197.00 - PLAN = EX OF $1000.00 - PP=$1197.00 - DEBTOR REFUND = $0.00 SINCE DEBTOR REC'D A PRIOR 2008 ESA TAX REFUND OF $1000.00 ------
Before I call my lawyer and ask more questions about it I thought I'd ask the communities opinion. It don't seem right that they can turn around and take our whole return. I definitely didn't think I'd get "stimulated" like that. LOL