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Money and Finances
Reply to "Chapter 7 and tax refunds"
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[quote=Anonymous]A relative is filling chapter 7. He receives a tax refund every year. This year, he can't keep it right? I ask because it is likely that he and my children will inherit a house in the next couple months. There's already a likelihood the home will have to be sold due to his legal/financial woes. I'd like him to pay out of his refund first before the house must be sold to satisfy his debts. He says he will keep the refund because the law says it is exempt. [/quote]
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