Legal Question in Wills and Trusts in Florida
could a bank go after my 401 K or IRA if I foreclose my house?
Asked on 1/23/10, 6:09 pm
2 Answers from Attorneys
Leon Ferraez
Ferraez, LLC
Definitively not on the IRA. The 401k has other issues that can make it available, but it is not typical for a foreclosure action.
Answered on 1/28/10, 7:23 pm
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
No on the IRA; unlikely on the 401k,.
Answered on 1/28/10, 7:45 pm