I am in process of a chapter 13 and I am receiving a refund for 4K from the IRS will the Trustee keep the refund?

The treatment of a tax refund should be addressed in your plan. If the plan is silent, then the refund is not part of the plan. At least that is...

I am from New Jersey need to know if I can open up a IRA account after I file a Chapter 13 for my retirement.

If you use your budgeted money to open an IRA, instead of what the money is budgeted for - There should not be a problem. However, the whole...

"ex au pair" need to pay taxes?

All income is subject to tax - even resident aliens must file and pay any required taxes.

Foreclosure

The "note" is a Promissory Note, it is a promise to repay the debt. If you did not sign the note, you did not promise to repay and cannot be held...

Generally, they process begins when you fall three months behind - on the 61st day (about). I have seen many months go by before the process in...

Will they garnish even though I have decided to file bankrupcy?

Generally, the creditor will not wait because you intend to file bankruptcy. There may be something you can do to delay the judgment against you -...

CA chapter 7 bankruptcy, what determines whether I get in trouble for discharging mortgage where I am responsible per fam law ct

In bankruptcy, there are not real implications here. The mortgage is a pre-petition debt, you decided not to reaffirm - the debt will be...

Chapter 13 — lien strip

Under Chapter 13 you can strip the 2nd lien from your home if the loan is "wholly unsecured." Wholly unsecured means there isn't ANY equity to...

Can my husband claim my kids for tax credit if his not living with us?

Generally, the parent who has custody (the “custodial parent”) is entitled to take the child exemptions on taxes. The custodial parent is defined...

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Do I need to file tax returns (most likely refund years) from over 6 years ago in order to file bankruptcy.

Generally, the Chapter 7 Trustee looks back one year, sometimes four years. So, you won't need to file for bankruptcy purposes, but you should...