Legal Question in Bankruptcy in Florida
Can I keep my retirement monies if I file bankruptcy CH7?
I have a 401K and a Roth IRA. Can I keep these monies when I file for bankruptcy, chapter 7, in the State of Florida?
Asked on 9/25/00, 9:46 pm
1 Answer from Attorneys
Scott R. Jay
Law Offices of Scott R. Jay
Re: Can I keep my retirement monies if I file bankruptcy CH7?
Under the current law, you are able to retain most retirement funds as they are generally exempt from any claims of creditors. Like any legal question, you should review your specific situation with a qualified attorney.
Answered on 10/23/00, 11:14 pm
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