0
No. It is protected by law.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
In bankruptcy can they take your 401K or IRA?
No
401k and bankruptcy?
I believe new bankruptcy law exempts all retirement from being touch during bankruptcy so it should be safe
What will happen to my 401k when filing bankruptcy?
These assets should not be effected at all.
What happens to 401k savings after bankruptcy?
Nothing they are exempt form seizure.
Can you withdraw 401k after discharge in bankruptcy?
The MAX amount you can draw is 300k.
In bankruptcy can they take your 401K or IRA?
No
Are assets in a 401k protected if you file bankruptcy?
Yes.
401k and bankruptcy?
I believe new bankruptcy law exempts all retirement from being touch during bankruptcy so it should be safe
What will happen to my 401k when filing bankruptcy?
These assets should not be effected at all.
What happens to 401k savings after bankruptcy?
Nothing they are exempt form seizure.
Can you withdraw 401k after discharge in bankruptcy?
The MAX amount you can draw is 300k.
When filing bankruptcy chapter 7 will they come after your 401k?
No. Never. It is exempt and protected.
Can you keep your 401k if you file for bankruptcy?
Absolutely...it is always exempt from seizure or use and will NOT be taken.
Can you re-ammortize your 401k loan payroll deduction payments if you are filing bankruptcy?
What are you possibly trying to say? (Your 401k is exempt from seizure and process in BK you know).
Section 522b of the US bankruptcy code Need to know if 401K is exempt of a petition of bankruptcy 7?
Generally, but the extent to which funds will be exempt depends on your jurisdiction. Check your local state bankruptcy exemptions.
How long are you affected by bankruptcy?
depends on the state
If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?
Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.
