Ask Experts Questions for FREE Help !
Ask

Credit card judgements can they touch your retirement/or 401 accounts? I know bank?

Asked Oct 25, 2010, 09:21 PM — 1 Answer
Can

1 Answer
ScottGem's Avatar
ScottGem Posts: 58,009, Reputation: 28110
Computer Expert and Renaissance Man
 
#2

Oct 29, 2010, 03:43 AM


A judgment for unsecured debt cannot touch private retirement accounts including IRAs. But once those funds are distributed and are placed in your bank account then they are attachable.

P.S. Welcome to AMHD. May I give you some tips on using this site. First, the title of your posts is for a brief description of your question. Please use the Body for your full question. Also, if you want to answer questions, please check the dates before you post. Threads that have gone with no activity for several months shouldn't be revived with new answers.
Helpful

Not your question? Ask your question View similar questions

 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting

Undo
Redo
 
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

Credit card judgements [ 1 Answers ]

Hello! I have a situtation that I have a question about. In a nutshell. I co-signed for a loan for my daughter who is deaf to buy hearing aids. Unfortunately she made two payments and stopped without my knowledge. Almost a year has passed and now the collection agency has started harassing me. ...

Credit Card Debt & Garnishing bank accounts [ 2 Answers ]

I have been served with a court appearance for credit card debt in the amount of 7K from Discover Card. I was diagnosed with lung cancer in July 2006 and had a large portion of my left lung removed. I did not work for nine months and had no income for that nine months. I was forced to default on...

Judgements And Bank Accounts [ 2 Answers ]

I Had My Bank Account Frooze For A Judgement I Never Received. What Can I Do?

Judgements-Bank Accounts [ 1 Answers ]

I have a judgment against me and was wondering if I opened a bank account for my daughter with me as the joint holder of the account can they still take money out of this account to satisfy the judgment; even though it's really in my daughter's name?


View more Credit questions Search