Tax Refund Offset and Timing a Bankruptcy Case

Filing for bankruptcy is a difficult decision that comes with many consequences. One of those consequences is the loss of your tax refund. The government can take your tax refund to pay off your debts, and this can cause problems if you're not expecting it.

If you're thinking about filing for bankruptcy, it's important to timing your case correctly. You don't want to file too early and risk losing your tax refund, but you also don't want to wait too long and end up owing money to the IRS.

There are a few things you can do to minimize the impact of the tax refund offset on your bankruptcy case. First, you can try to negotiate with the IRS to get them to agree to a payment plan. Second, you can try to exempt some of your assets from the bankruptcy process.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FASTER!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706