Q: can I buy airline tickets with my tax return during a bankruptcy for child visitation purposes?
I’m worried about losing our tax return.
A: Consult your lawyer. If you have exempted your tax return when you filed, you should be able to use it for anything you want.
A: If you purchase airline tickets within one year of your petition filing with proceeds that are not "exempt," you face reimbursement of the money you spend for tickets, very expensive, and it doesn't matter what purpose you're using the tax refund.
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