A trustee could ask for a turnover when a debtor, a custodian, or some other entity in possession of property in the estate fails to show in excess of that assets as expected via the Bankruptcy Code. The IRS will honor legitimate trustee turnover requests and should send out the refund to the trustee.I'm a buyer bankruptcy attorney located in Alexa
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In the event you file for bankruptcy beneath Chapter thirteen, your bankruptcy trustee will most likely would like to make use of your tax refund to pay for your creditors. That may be since all your disposable revenue goes in the repayment program, and a tax refund will probable be regarded disposable income.The cash gained inside of a tax refund
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