Can You File Bankruptcy and Keep Your Tax Refund?

Can You File Bankruptcy and Keep Your Tax Refund?

It is absolutely possible to file bankruptcy and protect your tax refund! There are laws called exemptions that protect certain property that you own up to a certain amount.

There are actually exemptions specifically designed to protect tax refunds. Any portion of a tax refund that is attributable to an earned income tax credit or a child tax credit is 100% protected, no matter how large the amount may be.

Is Tax Time a Good Time to File Bankruptcy?

Tax time can be a great time for many people to explore their bankruptcy options and get the fresh start that they deserve. In many instances, a tax refund can be used to help with the costs of filing bankruptcy. At Financial Freedom Legal, we always strive to ensure that our services are affordable.

Does it Cost Money to Meet with an Attorney at Financial Freedom Legal?

No! The initial consultation is completely free. You would be able to meet with one of the owners of Financial Freedom Legal, either Veronica Brown-Moseley or Stephen Relyea, at the time of your appointment.

You are able to complete your free bankruptcy consultation in-person or via telephone, whichever is most convenient for you. To get started on your journey to financial freedom, give us a call today at 804-FREEDOM!