If you are thinking about filing bankruptcy, you may be wondering what happens with a tax refund. It depends on your situation. There are three basic factors that impact whether you will keep or lose your tax refund in a Chapter 7 bankruptcy: the…

Bankruptcy courts are historically “courts of equity”, insofar as they arose to prevent unfair practices like debtors’ prisons. If, however, you’re on the receiving end of a preferential payment or fraudulent transfer from a bankruptcy…

Your credit score will inevitably drop after filing bankruptcy, probably to somewhere in the mid-500 range. If you were delinquent on payments prior to filing bankruptcy, chances are your credit score was already pretty low. There is no changing…