Can bankruptcy trustees take my tax refunds? 7 Answers as of September 22, 2010
Can bankruptcy trustees demand and be granted federal or state tax refunds?
Ariano & Reppucci
| Chris Ariano
Yes, they can take your state and fed tax returns. How much is up to the discretion of the trustee.
Answer Applies to: Arizona
The Law Office of Mark J. Markus
| Mark Markus
Sure. Refunds you are entitled to on the date you file your bankruptcy case (in a Chapter 7 case) belong to the Trustee unless you have an exemption available under applicable state or federal law to protect it.
Answer Applies to: California
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