Hello!
We filed in June 2011 and were discharged 9/15/11 for our Chapter 7.
I was just looking and I think we'll get a tax refund for 2011 - mostly due to the Earned Income Credit (EIC) and Child Tax Credit.
I live in Arizona. Can the trustee take the EIC and...
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New Law Early Buyout question - Student loans
Hello everyone (this is my first post). I have been reading up on the early buyout option and see that the plan must be paid back at 100% to do a early payoff after 36 months.
My situation
When I filed, it was to keep my vehicle. My bills were not behind, for the most part,...
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ARGGHH....can you read this and tell me what it means?
I just found this in PACER...does this mean that I owe them $1,620 or my entire refund amount? (I had calculated that I would owe them $1,000ish). My attorney really screwed the pooch on this one. If we had filed when I asked him to file, this wouldn't have been an issue. Also, my 341 was just last...
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Attorney / Client Privilege
I live in Colorado. When I filed bankruptcy (341 was Dec. 18th, 2010) my attorney was aware that we had adopted a little girl. Never were we told about the adoption credit and that we should wait to file bankruptcy after received this large sum via tax refund. We had never heard of the tax refund but...
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Letter from Trustee
I received a letter from my trustee that said I had 10 days to hand over my income tax papers and refund. Then there is a place to sign. Am I supposed to sign this and send it back? I haven't even filed my taxes yet, I don't have all my W-2's. How much will they take of my refund? My attorney told he...
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Spending the tax refund - questions
Whenever we get the refund (prior to filing), we plan to spend it on:
- Quarterly federal tax payment (Husband is self-employed)
- Quarterly state tax payment
- Orthodontia for our son (he has teeth growing sideways, not down; we have been waiting it out hoping that it would self-correct like
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2010 Tax Return Question
Sorry posted on the wrong forum!
My husband and I filed on Oct 28th, Had our 341 Meeting on Dec 22 and joined the 60 day club. Our trustee abandon all assets including our 2010 tax refund. I probably already know the answer to this question, but was wondering when it would be safe to...Last edited by boston5; 01-15-2011, 06:56 AM.
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Question about tax refund
My first post here. I filed in August, and just passed the 60 day post 341 meeting period, with no objections. My case is no asset and no distribution. There hasn't been any filings since September, which is when the 341 meeting was.
I will be receiving a tax refund for 2010, but not...
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Fallonedward started a topic Question on --- Are you expecting to receive a tax refund this year? If so, how much?in 341 MeetingQuestion on --- Are you expecting to receive a tax refund this year? If so, how much?
Are you expecting to receive a tax refund this year? If so, how much?
I have owed taxes the last few years, I don't know how to answer this one as I won't know that answer until tax time.
What I have honestly say No to this question and then once I do my taxes I see that...
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Reminder: October is When Trustees Look for Tax Refunds
This is just a reminder that starting in October, the chapter 7 trustees start going after income tax refunds for the taxes you will file next year. Assuming you live in a state with no exemption (which is most states) Time to start strategically planning your case if you anticipate a significant refund....
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Reminder: October is When Trustees Look for Tax Refunds
This is just a reminder that starting in October, the chapter 7 trustees start go after income tax refunds for the taxes you will file next year. Assuming you live in a state with no exemption (which is most states) Time to start strategically planning your case if you anticipate a significant refund....
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Lawyer proposed we keep IRS refund, trustee wants all-can we fight it?
Our plan was filed on March 1, 2010. In order to make the numbers work for our budget our lawyer proposed that we be allowed to keep up to $4000 of our income tax refund. We got a letter today that the plan was confirmed, but we must surrender 100% of our refund. Can we fight this? Our budget doesn't...
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Question about forms from the trustee and tax refunds
I did a bunch of research and thought I had this licked, but I guess not. BTW I'm in KS.
Got a letter from the trustee in my Chapter 7 case asking me for:
1. Taxes
2. Refund if any
a. if spent, how and to whom, and date
3. If there is any left
4....
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Chapter 7 - Tax Refund
Filed Chapter 7 on 10-30-09 (pro se). Discharged 02-09-10. Case is not closed yet. Preparing tax return and I believe I may get a refund (for 09 taxes filed in 2010). At 341 meeting, trustee asked about Fed and State Refunds from 08, received in 09. They were listed on schedules as required, and exempted,...
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