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Retirement funds are exempt, but if you take them out of a qualified retirement plan and put them into a regular account, they are no longer exempt.

Get some good advice from an experienced bankruptcy lawyer before you do anything.

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Q: Can you pull out your retirement and file chapter 7 bankruptcy?
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Related questions

If you have lost all your financial records how do you find out who you owe money to when you file bankruptcy?

Make a list of what you can renember, then pull copies of your credit reports.


How do you get the house out of your name after you filed Chapter 7 Bankruptcy If the bank forgives the loan?

i had file chapter 7 2001,the city i live keep sending notice to clean up perperty u ,it been over 11 years since the property i close up moved out ,i get fines ,pull my licence,driver licince how do i get the property out of my name , the bank will not take it what should i do?


How can you find out if you have a 180 day bar on ch 13 dismissal?

You can go to Pacer.gov This website will allow you to access bankruptcy records. Pull up your case file and it should be noted across the top "Ineligible for 180days".


If you are getting credit card applications when there are two years left on your Chapter 13 is there something wrong with your bankruptcy filing?

No. There is nothing about getting credit card offers that indicates a problem with your bankruptcy filing, or your credit. It does indicate the truth behind offers like these. They are based on partial, promotional, pulls of your credit file. A promo pull does not reveal all the data in your credit report, only some personal data that allows the mailing to be sent. Only when you accept the offer and send in the application, which is both a contract and authorization to pull your full credit file, is the total report seen by the credit card issuer. They make the decision AT THAT TIME whether or not they really want to extend you credit, despite their "guaranteed" offer.


Why did the Woolworth management want something done?

To prevent bankruptcy which they were unable to pull off.


Do you have to answer the question have you ever filed bankruptcy?

It is better to be honest than to get caught in a lie. If they pull your credit report, they will be able to see that you have if it has not been at least 10 years from the bankruptcy.


Has jcpenney filed bankruptcy?

No. They came close but they seem to have been able to pull out of the downward spiral.


What if your daughter bought a home with her grandmother as a co-signer she now faces foreclosure should she file chapter 13 bankruptcy how does all this effect her grandmother?

If the house is headed for foreclosure, anyone on the title and the mortgage is facing foreclosure, not just one of the owners. If the daughter was responsible for the mortgage payments by agreement with her grandmother, and got behind in payments, she may be able to pull the mortgage out of foreclosure by a Chapter 13, if she can afford the plan payments and the current mortgage payments. If the Chapter 13 cannot succeed without financial input from the grandmother, it will be up to her to let it go forward and lose the house. Either way, the fact that the house is in foreclosure will affect her credit score.


How do you change an adobe file to a file?

To change an Adobe file to another file type you need to click on the save as button. From there, use the pull down menu to save the file in another format.


Can the IRS come after you when the taxes were discharged in a Chapter 7 two years later?

The question is NOT whether taxes are dischargeable in a bankruptcy. The question that has been asked is whether the IRS can still pursue you for taxes that were discharged in a bankruptcy (which would obviously confirm that some taxes are dischargeable in specific circumstances).If your taxes were discharged in a bankruptcy, the IRS cannot come after you for those taxes after the bankruptcy has been discharged. If they are doing so, they probably did not enter them as discharged correctly on their computer system.To correct this, you should call IRS collections and explain to them that the taxes should have been discharged in your bankruptcy. Ask them to send a referral to the IRS Insolvency Unit, and the Insolvency Unit will be able to pull the bankruptcy records and confirm what should have been discharged.Note that any liens that were filed before the bankruptcy will survive the discharge process. So, although the IRS debt has been discharged a lien may continue to exist. This lien only attaches to equity that was exempted in the bankruptcy process (so if you had $20,000 of equity in your home that you exempted under bankruptcy homestead exemption, the lien continues to attach to that equity). It does NOT attach to any equity that builds in your assets after the filing of your bankruptcy petition.


What does Tom pull Nick off the beginning of Chapter 2 on The Gatsby?

a machine that answers your homework for you


Can you pull credit for someone curretly in a chapter 13?

yes you can pull credit but federal law prohibits borrowing or loaning money without the trustees approval.