Legal Question in Bankruptcy in Indiana
Chapter 13
After chapter 13 has been approved when filing for bankruptcy, in future years if you obtain a return in your taxes each year, are you able to keep that money?
Asked on 4/07/09, 9:47 pm
1 Answer from Attorneys
Gregory Coleman
Coleman Law Office
Re: Chapter 13
It depends on if you make enough money to fund your plan, and if the trustee requested your returns. It is typical for the trustee to request a copy of your returns each year. This is because if you start making a lot more money, you will then have to pay more into your plan towards the creditors.
Answered on 4/07/09, 11:29 pm
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