I have about 8k in mutual funds which I am using as a savings account. If I file chp. 7 will this money be safe.
I have about 8k in mutual funds which I am using as a savings account. If I file chp. 7 will this money be safe.
If this is simply a form of savings or investment account, not a retirement account, don't expect any protection (beyond the state exemption applicable to savings accounts, which I believe is $125 in Massachusetts).