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Tax refund and Chapter 13

Date: Thu, 11/06/2008 - 10:02

Submitted by cdollar
on Thu, 11/06/2008 - 10:02

Posts: 227 Credits: [Donate]

Total Replies: 3


Does my tax refund, which is usually pretty sizable, pay off my bankruptcy faster? I am on an 84% payoff plan, so my refund goes to the trustee--I think.


Cdollar,

Do you want the trustee to take your tax refund to possibly pay off your BK? Since you said you just filed last month, the trustee would not discharge your case this soon if your tax refund was enough to pay it off because a debtor has to stay in a Ch 13 for a minimum of 3 years for a discharge.


lrhall41

Submitted by m.lm1947 on Thu, 11/06/2008 - 13:48

( Posts: 153 | Credits: )