Your Tax Refund and Filing Bankruptcy

If you intend to file bankruptcy prior to receiving your tax refund, consider the implications of this decision. If your refund is not covered by your state exemption laws, it could become a part of the bankruptcy estate. To fully understand the implications of filing bankruptcy prior to receiving your refund, check your state exemption laws to determine if your full tax refund or a portion of the tax refund can be exempted from the bankruptcy estate.

Also, if you are in need of state specific bankruptcy forms or bankruptcy form preparation services, contact MyLegalEdge.com at staff@mylegaledge.com or call us at 1-888-770-7198.