Tax returns and potential tax refunds can be problematic whichever chapter of bankruptcy you file. In Chapter 7 bankruptcy, for example, a refund for a return that has been filed but the refund not yet received is an asset that must be listed in your bankruptcy schedules. In Dallas Chapter 13 bankruptcy, refunds may need to be turned over to pay your creditors, depending on where your case is filed. So What Happens to My Tax Refunds?: Each year you are in a Chapter 13 case, whether you fi [...]
