Legal Question in Bankruptcy in Texas
Are retirement funds exempt?
Under Chapter 7 or 13, are retirement funds exempt? I have a modest sum (under $10K) from a former employer that I chose to leave where it was, so that when I reach retirement age, I'd have a small nest egg.
Thanks.
Asked on 2/25/03, 3:28 am
2 Answers from Attorneys
Lawrence Maun
Lawrence J. Maun, P.C.
Re: Are retirement funds exempt?
Retirement plans are exempt. Larry Maun 713.266.2560
Answered on 2/25/03, 9:49 am
Andrew Nichols
Law Office of Andrew B. Nichols
Re: Are retirement funds exempt?
Retirement monies are exempt under either chapter 7 or chapter 13. Please feel free to call me to discuss your situation in more detail. ph. (214) 979-7330
Answered on 2/25/03, 10:18 am
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