Inherited IRA Not Exempt From Creditors In Bankruptcy, Says Sotomayo...

06/12/14

Inherited IRA Not Exempt From Creditors In Bankruptcy, Says Sotomayor
Forbes
Heidi received distributions for 9 years, which brings us to the year 2010 when Heidi and her husband filed for Chapter 7 bankruptcy. In their schedules, the couple listed Heidi's inherited IRA as being an exempt asset. The Bankruptcy Trustee (“BKT ...

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