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What If I Have A Large Income Tax Refund Due To Me & File Bankruptcy?

That is typically treated as an asset such as cash and subject to the same cash exemption.

Therefore, if it exceeds the cash exemption, the Trustee may require you to turn it over to the Bankruptcy Estate.

If you’re struggling with debt in Queens, New York, why not take a few minutes and call Zelenitz, Shapiro & D’Agostino at (718) 599-1111 to discuss your options.

The call is free and there is no obligation.