Legal Question in Credit and Debt Law in Tennessee
Can IRA's be taken
If a civil case is lost by the defendent, can his IRA money can attacked or taken to be used to pay the damages?
Asked on 8/01/04, 9:20 am
1 Answer from Attorneys
Dr. Michael A. S. Guth
Tennessee Attorney at Law Assists Pro Se (without a lawyer) Parties
Re: Can IRA's be taken
I cannot find a Tennessee appellate case that speaks to this issue. In New Jersey, IRA accounts can be attached to satisfy a judgment in favor of a creditor.
Answered on 8/01/04, 11:00 am