Case Conclusion Date: 10.03.2011
Practice Area: Bankruptcy & Debt
Outcome: Tax refunds received post-petition but accrued prepetition are property, not income, and are not subject to turnover to the Chapter 13 Trustee
Description: Debtors scheduled and exempted pre-petition tax refunds. Chapter 13 trustee argued that pre-petition returns received after case filed should be pledged in the Chapter 13 plan.