Fifth Circuit Examines Intersection Of IRA Withdrawals And Bankruptc...

Fifth Circuit Examines Intersection Of IRA Withdrawals And Bankruptcy Exemptions
Forbes
In this case, the debtors filed for Chapter 7 bankruptcy and claimed an exemption for amounts in an IRA. This is fairly routine in bankruptcy cases; the interesting issue here, though, is how the lack of a rollover affected the exempt status of the IRA ...