Can I Keep my Tax Refund?

Can I Keep my Tax Refund?

A common question this time of year for individuals considering bankruptcy is: Can I keep my tax refund?

Yes you can.

All cases are different and do need an individual legal analysis of all your assets, however, most bankruptcy cases are called "no asset" cases. Put another way there is no liquation of assets or loss of any property in a bankruptcy filing. In no asset cases the debtor (person filing bankruptcy) keeps everything he or she owns and is discharged of his or her legal obligation to repay debts.

If you have any questions about your Worcester Bankruptcy case please call us at 508-926-883 for a free bankruptcy case evaluation.