Bankruptcy can be an excellent retirement strategy as a way to unburden your life. When considering Bankruptcy many people shy away from filing Bankruptcy because they do not want to lose their retirement savings. Retirement accounts like pensions, 401(k)’s, and IRAs are entirely protected with a few exceptions. This is because retirement accounts qualified under the Employee Retirement Income Security Act are not considered property of the Bankruptcy Estate. What this means when considering Bankruptcy is the money you saved for retirement cannot be taken from you to pay off your debts.
You have Questions.
we have answers.
Florida Family trial Attorneys