My question involves bankruptcy in the state of: Nevada
Can our 401k be taken from us upon filing a Chapter 7? That is all we have, besides a car loan we'd like to reaffirm.
Thanks!!!
|
ExpertLaw Forum - Help With Your Legal Questions
|
My question involves bankruptcy in the state of: Nevada
Can our 401k be taken from us upon filing a Chapter 7? That is all we have, besides a car loan we'd like to reaffirm.
Thanks!!!
Assuming normal contributions, your retirement account is an exempt asset. Don't go cashing it out or taking loans against it.
Thank you so much for the response.
Bookmarks