Chapter 13 trustees in the Northern District of Illinois require that debtors turn over tax refunds every year during the court of a Chapter 13 plan. This makes sense: If you receive a tax refund of, say $2,400 each year, that is $200/month extra that you are sending to the IRS; $200/month that could be…
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Bankruptcy Law Tagged: Tax Refund Kept Out of Hands of Chapter 13 Trustee David Lloyd Comments Off on Tax Refund Kept Out of Hands of Chapter 13 Trustee