Can You Keep Your Retirement Accounts In Bankruptcy?

When facing unmanageable debt, people are willing to do almost anything to pay their bills, including cashing in their retirement savings. Don't make that mistake. Most retirement assets are exempt, meaning they cannot be taken from you in bankruptcy.

If you are struggling to keep up with your bills, talk to a bankruptcy lawyer before making a decision that can affect your future.

Eliminating Your Debt Does Not Require Sacrificing Retirement

All qualified retirement accounts, including 401(k)s, pension plans, IRAs and others, are protected under the law. Retirement funds cannot be seized to repay creditors in Chapter 7 or Chapter 13. Nor can they be seized in Chapter 11 bankruptcy.

When you hire our firm, we work closely with you to develop a debt relief plan that provides the fresh start you need without compromising your future.

Contact Us Now For A Free Consultation About Debt Relief

If you have concerns about losing your IRA or 401(k) in bankruptcy, contact us to set up a free consultation with attorney Bruce Levitt or Shelley Slafkes. Financial difficulty is a temporary problem that doesn't have to spoil your retirement. We will answer all your questions and explain how we can help you.

You can reach our New Jersey firm by filling out our online form or by calling 973-323-2953.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.