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Tax Refunds and Bankruptcy

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When it comes to making the decision to go bankrupt, you need to be aware of just what the benefits will be.  If wiping your financial slate clean means that you will lose your house, savings, and assets, perhaps it would be best to consider other options.  When it comes to tax refunds and bankruptcy, here are some tips to protect the money owed to you by the government.

First of all, you should be aware that your tax refund can be a part of your bankruptcy estate, meaning that the court-appointed trustee has access to it and can part … Read more at 2008 Taxes.

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