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401k and bankruptcy?

I believe new bankruptcy law exempts all retirement from being touch during bankruptcy so it should be safe


Can you declare bankruptcy if you have retirement account and savings account?

Yes, you can file a Bankruptcy if you have a retirement account. Most retirement accounts are not considered to be part of the bankruptcy state, and are out of the creditors' reach. This includes traditional 401(ks), IRAs, government retirement accounts such as CalSTRS and more.


Can your spouse stop payments on checks wriiten by you before you separated?

only if it's on a joint acct she can't touch your personnal acct


Can you pull out your retirement and file chapter 7 bankruptcy?

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.


When filing bankruptcy can the gov take you retirement money?

No, retirement accounrts (ERISA qualified) are protected from seizure.


Can income received from a teacher retirement fund be garnished in foreclosure or bankruptcy?

Yes


Is your social security retirement income exempt for chapter 7 bankruptcy?

yes


Can your retirement pension be garnished if it is in the same same bank acct as your ss acct?

In general, retirement pensions and Social Security benefits are protected from most types of garnishment. However, if you owe certain types of debt, such as federal taxes or child support, there are circumstances where these benefits could be garnished. It is important to consult with a legal professional to understand your specific situation and rights.


Are annuities protected when filing bankruptcy?

Only if they are in a qualified retirement plan, like an IRA.


How do you get ACCT?

who handkes 770 acct


What typically happens to ones retirement if a company declares bankruptcy?

If a company manages its own retiements system, the funds of the system are lost if the company declares bankruptcy. In the United States there is a system for insuring retirement systems, but the payout to individuals is generally much less through insurance than would have been provided by the retirement system itself. If a company has its employees contribute to a retirement system managed by a third-party provider, those employees who are vested in their accounts may not loose them if the employer declares bankruptcy.


What can creditors do after a dimmissed bankruptcy?

They can't touch you for anything that was discharged.