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Does filing bankruptcy put any possible future tax refunds in jeopardy?

April 26, 2017Bankruptcy filing future jeopardy possible refunds tax

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Does filing bankruptcy put any possible future tax refunds in jeopardy?

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In some instances, a debtor loses the rights to a tax refund for the year he or she files the bankruptcy case. However, the vast majority of people keep his or her tax refunds.

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In some instances, a consumer loses the rights to a portion of their tax refund for the year they filed. However, the vast majority of people keep all their tax refunds.