FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

This field is hidden when viewing the form

Source

How can we help you?

Phone

This field is for validation purposes and should be left unchanged.

Select Trustee By Province

Income tax return

I claimed bankruptcy in February 2006. I was discharged in January 2007. In April 2007, an accountant did my 2006 taxes. I owed $2700, which I have paid. In May 2007, my trustee contacted me to advise that they should have done my 2006 taxes (pre and post bankruptcy for that year). I submitted all the necessary paperwork to the trustee. A reassessment was done by CRA and I have now received a $3100 refund. CRA says the money is mine because I have been discharged. Does the trustee have any rights to this money?
Thank you.

Share this post:

X (Twitter) Facebook LinkedIn Email

One Response to “Income tax return”

Barton Goth GCO Bankruptcy Trustees said...

This partially depends on whether or not you signed this refund over to your trustee (and not whether you have been discharged or not). Likely you have signed this over as this is standard practice and therefore the funds need to be paid to your trustee. Failure to do so will result in the trustee having to go to court to overturn your discharge.