I need some reassurance or some other opinions on this. Please note that I will not take any answers as legal advice, I am just looking for others thoughts.
Here is the Deal I filled for BK feb 14 pro se one week before I recieved my tax return in the amount of 4,701. The tax return breaks down as follows
I had 4,401 withheld
my Tax liability was 3,699
child tax credit of 3,699
additional child tax credit of 301
total return 4,702
according to our state the amount of any child tax credit or earned income tax credit is exempt. However the trustee is claiming that the 3,699 for child tax credit was applied to the Tax Liability and the 3,699 I recieved was from income that withheld. Symantics I know, but we wont go there. A case like this has not been determined in our state as of yet and I will get to be the first (LUCKY ME!!!!). We have a phone hearing with the judge scheduled on the 18th with the judge, but I am beging to get antsy on this. The trustee offered a 50% deal which we blew off. What do you guys think should I call and try to make a deal with the trustee again.
Also since the trustee is claiming that it is withheld income that I am recieving and not child tax credit would not that qualify under the 75% of wages are exempt?
Again thanks for any thoughts in advance my stomach is really begining to turn circles on this...
Here is the Deal I filled for BK feb 14 pro se one week before I recieved my tax return in the amount of 4,701. The tax return breaks down as follows
I had 4,401 withheld
my Tax liability was 3,699
child tax credit of 3,699
additional child tax credit of 301
total return 4,702
according to our state the amount of any child tax credit or earned income tax credit is exempt. However the trustee is claiming that the 3,699 for child tax credit was applied to the Tax Liability and the 3,699 I recieved was from income that withheld. Symantics I know, but we wont go there. A case like this has not been determined in our state as of yet and I will get to be the first (LUCKY ME!!!!). We have a phone hearing with the judge scheduled on the 18th with the judge, but I am beging to get antsy on this. The trustee offered a 50% deal which we blew off. What do you guys think should I call and try to make a deal with the trustee again.
Also since the trustee is claiming that it is withheld income that I am recieving and not child tax credit would not that qualify under the 75% of wages are exempt?
Again thanks for any thoughts in advance my stomach is really begining to turn circles on this...
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