bankruptcy estate tax returns
I filed chapter 7 in Indiana in 2008. Does the trustee have the right to take my tax return?
I received a letter saying that any return i receive after the date of filing including 2008 is the property of my bankruptcy estate. I don’t get it. I payed all the attorney fees upfront and it was discharged in August 2008. Isn’t me turning over my return the same as paying back the debt that was discharged?
Bankruptcy judges have broad authority, including taking any payments you may get to give to your creditors. The money owed you is one of your assets.
