Legal Question in Bankruptcy in California

Bankruptcy - touch 401k or IRA money??

When filing bankruptcy, can creditors touch our IRA or 401k money??


Asked on 11/29/98, 11:52 pm

2 Answers from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Bankruptcy - touch 401k or IRA money??

Whether your IRA or 401k can (or more appropriately, will) be touched depends on their values, your age, income level, health and a host of other concerns. If you desire a more comprehensive consultation, please visit my web page at http://www.bklaw.com/bklaw and give me a call at (818)509-1173 and I will be happy to assist. Best Regards, Mark

Mark Markus

Law Office of Mark J. Markus

11684 Ventura Blvd., Ste. 403


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Answered on 1/15/99, 1:51 am
Ken Koury Kenneth P. Koury, Esq.

Re: Bankruptcy - touch 401k or IRA money??

No, if you paperwork is correctly prepared the IRA and 401k money will be safe.

Ken Koury

Kenneth P. Koury, Esq.

5807 Topanga Cyn Blvd., Suite G-201


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Answered on 1/15/99, 2:28 am


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