My question involves bankruptcy in the state of: Florida
I had a Chapter 11 bankruptcy of which I ended up losing my business. There were only two real players in the Bankruptcy. First position Lean holder on property ( local Bank ) and Second position lean holder on property ( SBA ). My wife and I personally signed on both notes.
Question - Bankruptcy is over. Dept. of Treasury kept my personal tax refund for the underpayment to the SBA loan. Is this possible? And if it is, I am guessing they will continue to keep my tax refund until debt is paid or I file personal bankruptcy as well. I was hoping to avoid personal bankruptcy.
Thanks in Advance