Your income tax refund is not new-found money. It is money that you have been lending to the government for the past 12-16 months. Make sure this money works for you and improves your life.
Tag: tax refund
Filing Your Income Tax Return After Bankruptcy
As part of the bankruptcy process, your Licensed Insolvency Trustee is required to file your income tax return for the year of bankruptcy and any returns that came due during the calendar year prior to bankruptcy. Any tax refunds for either of these periods will come directly to your bankruptcy estate for the benefit of the unsecured creditors.