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21
Feb

Will the court take my tax return if I file bankruptcy? What is Chapter 7 Bankruptcy?

Chapter 7 Bankruptcy, also known as “fresh start” bankruptcy, allows your debts to be discharged (or canceled).  In exchange, you may be required to give some non-exempt property to the bankruptcy Trustee to pay your creditors.  Your tax return and earned income credits are non-exempt property.  If you do not spend your tax refund before filing […]