Legal Question in Bankruptcy in Texas

Are retirement funds exempt?

Under Chapter 7 or 13, are retirement funds exempt? I have a modest sum (under $10K) from a former employer that I chose to leave where it was, so that when I reach retirement age, I'd have a small nest egg.

Thanks.


Asked on 2/25/03, 3:28 am

2 Answers from Attorneys
Lawrence Maun Lawrence J. Maun, P.C.

Re: Are retirement funds exempt?

Retirement plans are exempt. Larry Maun 713.266.2560

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Answered on 2/25/03, 9:49 am
Andrew Nichols Law Office of Andrew B. Nichols

Re: Are retirement funds exempt?

Retirement monies are exempt under either chapter 7 or chapter 13. Please feel free to call me to discuss your situation in more detail. ph. (214) 979-7330

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Answered on 2/25/03, 10:18 am


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