Legal Question in Credit and Debt Law in Michigan

Iam retired and i co-singed for a student loan for my niece if she doen't pay the loan can they take the money from my ira


Asked on 2/16/10, 5:41 am

1 Answer from Attorneys
Stuart Collis Collis, Griffor & Hendra, PC

You are responsible for the loan if your niece does not pay. Normally, however, IRAs are exempt from garnishment.

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Answered on 2/21/10, 6:17 am


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