If you are already in a bankruptcy, the tax rebate may have no affect on you at all. If you are planning to file a bankruptcy in the next few weeks, before you receive your rebate, the tax rebate is a potential asset that should be listed on your bankruptcy paperwork. If you are filing a Chapter 7 case, you may be required to turn all or part of the rebate over to your Chapter 7 trustee, unless it can be claimed as exempt under the laws applicable in your jurisdiction. In a Chapter 13, it may be a small part of calculating your payment to the trustee. Consult with your attorney about what to do with the tax rebate when you receive it.
they can’t take your check but they can put a lien on your checking account. If you have direct deposit say bye to your stimulus. Cash it at a different bank or currency exchange…
Okay I don’t beleive they will take your money, I filed Bankruptcy years ago and they never took my tax money, but things have changed better contact your lawyer on this one
August 4th, 2008 at 4:37 pm 1
Nice site. There?s some good information on here. I?ll be checking back regularly.
August 5th, 2008 at 2:37 pm 2
If you are already in a bankruptcy, the tax rebate may have no affect on you at all. If you are planning to file a bankruptcy in the next few weeks, before you receive your rebate, the tax rebate is a potential asset that should be listed on your bankruptcy paperwork. If you are filing a Chapter 7 case, you may be required to turn all or part of the rebate over to your Chapter 7 trustee, unless it can be claimed as exempt under the laws applicable in your jurisdiction. In a Chapter 13, it may be a small part of calculating your payment to the trustee. Consult with your attorney about what to do with the tax rebate when you receive it.
August 6th, 2008 at 6:54 pm 3
I believe they can.
August 7th, 2008 at 7:04 am 4
they can’t take your check but they can put a lien on your checking account. If you have direct deposit say bye to your stimulus. Cash it at a different bank or currency exchange…
August 9th, 2008 at 4:49 pm 5
Okay I don’t beleive they will take your money, I filed Bankruptcy years ago and they never took my tax money, but things have changed better contact your lawyer on this one
August 12th, 2008 at 6:19 pm 6
Yes, they can. I am surprised your trustee has not told you to bring it directly to him as soon as you get it.