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Ellie
08-12-2003, 12:26 AM
We just received a check for $400 for the Child Tax Credit. We plan to file
Bk in the next month or two. Can the creditors take it? What can we do
with it to make it not get taken?

Robert Stumpf
08-12-2003, 10:38 AM
I wouldn't worry about it. Since you have already received it, you would
probably just exempt it with the rest of your cash assets. It would be
listed elsewhere on your petition if you had not received the check yet.

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Rob Stumpf, Esq.

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"Ellie" <yukkyspam@nospam.com> wrote in message
news:lE0_a.41576$Bp2.13693@fed1read07... We just received a check for $400 for the Child Tax Credit. We plan to
file Bk in the next month or two. Can the creditors take it? What can we do with it to make it not get taken?

Brett Weiss
08-12-2003, 01:55 PM
Uness you have a judgment against you, the creditors can't take
it. If you haven't spent it by the time you file, it would be
included as one of your assets.

--
Brett

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"Ellie" <yukkyspam@nospam.com> wrote in message
news:lE0_a.41576$Bp2.13693@fed1read07... We just received a check for $400 for the Child Tax Credit. We
plan to file Bk in the next month or two. Can the creditors take it? What
can we do with it to make it not get taken?

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