Tax Refund after Filing Bankruptcy

What To Do if You Receive a Tax Refund Check After Filing for Bankruptcy

A tax refund you receive after the petition is filed will be part of your estate if it is based on income you earned before the bankruptcy. You may, however, be able to keep it.

In bankruptcy, every debtor is allowed to keep (exempt) a certain amount of property regardless of how much the person owes to creditors. The amount a person can exempt depends upon the state where the bankruptcy petition will be filed. Some states have a generous amount for exemptions that could cover a tax refund. 


Contact Beehive Advocates

To schedule a free initial consultation , call (801) 432-2975 or fill out our contact form today.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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