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In California bankrupcty, are tax refunds considered disposable income if needed for medical or car repairs?

by speaki_144_237 from Whittier, California. Feb 18th 2013 Reply


Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Bankruptcy falls under federal laws. Consult your attorney. In general, money received during a calendar month is disposable income, and money or other assets retained after the month acquired are assets. Also, the bankruptcy court will most likely attach and retain any tax refunds.

Feb 18th 2013
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Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

Good Evening. You should speak to your Bankruptcy Attorney on this matter, but you can also reference the Federal Bankruptcy Guidelines by visiting the following US Federal Court Website: http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyResources.aspx

Feb 18th 2013
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