Legal Question in Bankruptcy in California

Re: Question regarding Schedule I

Hello. I am Gary Fraley, Founder and owner of California Bankruptcy Attorneys. I am a certified bankruptcy specialist and do work for clients statewide. You put your present income on the main part of I schedule. Below it on the same page is a place to put anticipated changes in income like unemployment or social security. You may or may not lose your tax refund depending on what exemption system you use in California. Most people who do not own homes with significant equity in California get to keep their tax refunds. Keep in mind that you do not have a choice in listing your right to receive a refund. Not listing it can cause you to not only lose it to a Bankruptcy Trustee when it could have been protected but can subject you to denial of the discharge of your other debts and the potential of going to prison for bankruptcy fraud. If you want to look at a good up to date list of exemptions for California you can find one on my Online Law Office web site at CA-Bankruptcy-Attorneys.com. I do give free initial phone consultations. If you want one call my staff at 1(800) 675-1005. I hope this helps. Good Luck. --Gary