Chapter 7 Tax Refund

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Summary

In Georgia, your tax refund can be considered part of the bankruptcy estate in Chapter 7, but you may be able to exempt some or all of it under Georgias wildcard exemption. Child Tax Credits are generally considered exempt in bankruptcy filings. Specific circumstances could influence this, so its recommended to consult a bankruptcy attorney for advice tailored to your situation.

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Will filing Chapter * take my tax refund
Hello ****, it's possible that your future tax refund may be considered an asset in a Chapter * bankruptcy. However, it largely depends on when you file and the laws in your state. Can you please tell me where are you located?
Ga
Hello ****, in Georgia:
- Your tax refund can be considered as part of the bankruptcy estate in Chapter *.
- You may be able to exempt some or all of it under Georgia's wildcard exemption.
Please consult a local attorney for personalized advice.
What if it’s child tax credit they will still take it
Hello ****, in Georgia, Child Tax Credits are generally considered exempt in bankruptcy filings. However, specific circumstances could influence this. It's recommended to consult a bankruptcy attorney for advice tailored to your situation.