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Altamonte Springs, FL  32714

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Can I keep my tax return if I file Chapter 7 bankruptcy?

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What happens after I file bankruptcy?

February 11, 2019

 

 

When the time comes to file bankruptcy you will receive a 341 notice of meeting of creditors.  This is scheduled about 30 days after your filing.  All of the creditors listed in your bankruptcy are notified of your bankruptcy and are given the opportunity to come to the meeting to ask potential questions about cash advances, or determine discrepancies.  But don't worry!  Although it can happen, to be honest, its is rare.  Unless the debt is a personal family member, friend, or possibly a previous partner, the larger creditors will not bother to come.

 

The court will assign a trustee to your case.  The trustee will be responsible for overseeing and administering the bankruptcy estate. They will ask for your most recent financials like pay stubs, bank statements, and recent years of tax returns.  These documents can vary by trustee.  At the time of the meeting, you will go to the courthouse to the assigned room of your meeting.  There will