How To File Chapter 7 With No Money: Using Your Tax Refund

Ben T

July 9, 2024

You have no money and may face a garnishment and realize that you may need to file Chapter 7 bankruptcy. Just as a reference, Chapter 7 bankruptcy is often the cheapest and fastest bankruptcy option to help people get relief from debt. Thankfully, one of the most common options to afford bankruptcy attorney fees is to use your tax refund.

The reason many people use their tax refund is get it all at once and it can be difficult to find a $500 bankruptcy attorney near you because everything seems to cost more in 2024.

The purpose of this article is to:

1. Help you understand a potential issue with

2. Provide access to a free bankruptcy attorney consultation with an attorney who can help you understand if you would be at risk of losing any of your refund.

You May Lose Part Of Your Refund

One of the biggest challenges that you may face to pay for your bankruptcy with your tax refund is whether you may lose some of your refund if it exceeds your state’s cash bankruptcy exemptions.

The second challenge is the timing of your bankruptcy filing. A bankruptcy attorney can cover this with you in more detail, but if you file bankruptcy and have to disclose the tax refund, it may be considered an asset.

Thankfully, we have a network of bankruptcy attorneys across the United States that understand the cash bankruptcy exemptions in your area and can also help with understanding the timing.

Get Free Consultation

If you would like a free bankruptcy attorney consultation with someone who serves your county, please fill out the information below, and we can have a bankruptcy attorney reach out to help you understand whether you can use your tax refund to file bankruptcy and if there are any potential challenges with your situation.

Let’s look at alternatives to help afford bankruptcy.

Alternatives to Using Your Tax Refund to File Bankruptcy

That said, there can be issues to use your tax refund, so let’s explore what we covered in our cheapest ways to file bankruptcies article.

Find an attorney that will take installments before filing Chapter. bankruptcy.
See whether attorneys in your area can provide a $0 down bankruptcy and take some of the fees after filing bankruptcy.
Request a waiver of the filing fee and cost of the bankruptcy courses.
Some people decide to file bankruptcy without an attorney, but please understand the potential challenges of this option.
Request Legal Aid
Borrow money from a friend or family member to help cover expenses.

Hoping this article is helpful to understand how to file Chapter 7 bankruptcy with no money.

Ascend specializes in providing free information to help you understand what the cash exemption is in your state and estimate whether you may lose some of the cash. Check this recent Google review.

Please reach out to us directly at 833-272-3631 if you have any questions whatsoever.

Ben T

Ben has studied Chapter 7 and Chapter 13 bankruptcy for many years. He has helped thousands of people understand the differences between Chapter 7 and Chapter 13 bankruptcy and has helped build one of the largest bankruptcy attorney networks in the United States.

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