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Bankruptcy & Taxes


gravelgirl66
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Aren't those two like the worst? Anyways I know I am having to file bankruptcy, (pending judgement)-- but I am wondering I know that If I did it now, the trustee would try to take my rather LARGE refund. I am wondering though by letting my husband claim our children, and filing seperate from him, would they be able to touch it then? I am anxious to file due to possible law changes.-- And before my judgement kicks in (if it does I am fighting tooth and nail)-- Can they still get the refund if I am the sole provider?

p.s. i live in florida

Thanks so much- -and keep up the great work informing the Average Gal.

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If the tax refund goes to your husband and not you, the Trustee can't touch it.

am anxious to file due to possible law changes.--

WHAT possible law changes ?? Congress is done for the year and the BK bill is dead - for the time being anyway. If Bush gets back into office, expect that BARF bill to be resurrected and pushed.

Can they still get the refund if I am the sole provider?

Yes, its considered income regardless of your status as sole provider.

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Thanks so much LadynRed. I have successfully been able to fix some things on my husband's credit ONLY b/c of this site. But mine is a lost cause for sure.

I am sure it sounds crazy to be worried about that so much, but I have alot of plans for that money, and I don't want it to get sucked away. Its my chance to get things back on track.--

Thanks again--

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