BY MICHAEL A. CIBIK AMERICAN BANKRUPTCY BOARD CERTIFIED Question: Have reports of death of refund-anticipation loans been greatly exaggerated!? Tax Refund Anticipation Loans are short-term loans that are made by lenders, through tax preparers, which are secured by a taxpayer’s tax refund. With interest and fees associated with RALs, the effective annual percentage rate for these … Continue reading Understanding Bankruptcy 2/15/18