Legal Question in Civil Rights Law in California
Which ones of my assets are at risk in a personal liability lawsuit?
Will my home equity be at risk? My IRA and 401(k)?
Asked on 5/26/13, 2:00 am
2 Answers from Attorneys
Joel Selik
www.SelikLaw.com
Anything that is not exempt, it subject to collection.
Answered on 5/26/13, 9:58 am
Joel Selik
www.SelikLaw.com
Ira, 401k are not directly subject to collection. Your home is subject to collection to extent above the homestead amount. But the home can be liened.
Answered on 5/26/13, 10:03 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
