Friday, June 14, 2013

I was declared bankrupt in 2005 i am due back a tax rebate does this go to me or accountant in bankruptcy.?

I was declared bankrupt in 2005 i am due back a tax rebate does this go to me or accountant in bankruptcy.?

United Kingdom - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you're not discharged, it goes to your trustee.
Answer 2 :
Depends COMPLETELY on the terms of the bankruptcy.
Answer 3 :
You can call the IRS at 1-800-829-1040 they might be able to help. For the future you can try FileLate.com I use this online service to do my 07 & 08 taxes and I can always go back to them for any questions, Good Luck :-)
Answer 4 :
Have you been discharged from bankruptcy yet? If not, it will go to the Official Receiver. It also depends on the tax year for which the repayment is due. Some tax years in relation to the bankruptcy are preferential debts, and if an overpayment relates to certain times it is regarded as a late asset in the bankruptcy, even though a distribution has been made to creditors.
Answer 5 :
You say Accountant in Bankruptcy Are you in Scotland? You should get some Scottish advice. Scottish bankruptcy was for 3 years till recently so you should be discharged now. In which case its none of the A I B's business. Only if you are undischarged will a Trustee take an interest in windfalls.

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