Bankruptcy Law/Chapter 13

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Question
I filed chapter 13 this year , and ended up geting a loan from my bank which my lawyer sent me a letter bout that was not a good thing to do , and im wondering if i will get a tax refund when i fill my taxes this year

Answer
Those are two different issues.

1.  If you filed Chapter 13 then got a loan (and incurred new debt) without court approval, have your attorney move the court for approval nunc pro tunc.

2.  I don't know how things work in Kansas, but here in the Washington, D.C. area, if you are in a percentage Chapter 13 plan (meaning that you will repay less than 100% of what is owed to unsecured creditors) then your tax refunds must be surrendered to the Chapter 13 trustee for distribution.

Good luck!


Brian V. Lee, Esq.
Lee Legal, PLLC
www.lee-legal.com

Bankruptcy Law

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Brian V. Lee, Esq.

Expertise

Please note that I do not answer Private questions. All questions related to consumer and business bankruptcy, debt management, and personal finances are welcome. Serving clients in the DC-metropolitan area since 2005, I am licensed in Virginia and the District of Columbia. I have provided counsel to hundreds of clients with a wide variety of complex legal and financial issues. Feel free to visit the Lee Legal website for more information.

Experience

Serving clients in the DC-metropolitan area since 2005, I am licensed in Virginia and the District of Columbia. I have provided counsel to hundreds of clients with a wide variety of complex legal and financial issues. * Bankruptcy Chapter 7 * Bankruptcy Chapter 13 * Bankruptcy Chapter 11 * Bankruptcy Terms * Foreclosures * Mortgage Issues * How to Save Your Home * How to Rebuild Your Credit * Property You Can Keep * Car Repossession * Debt Test * Tips for Consumers in Debt * What to Expect in Court * Washington, D.C., Exemptions * Virginia Exemptions * Checklist of Key Changes in Bankruptcy Law * Changes in Chapter 7 & 13 Bankruptcy Law * Big Changes in Bankruptcy Law

Organizations
DC Bar, VA Bar

Publications
http://www.lee-legal.com/bankruptcy-blog

Education/Credentials
I am a graduate of Rutgers University and the George Mason University School of Law.

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