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-   -   401-k & Bank (https://www.askmehelpdesk.com/showthread.php?t=37931)

  • Oct 19, 2006, 05:42 AM
    silkydog234
    401-k & Bank
    In a bankruptcy do you loose your 401K. I have a client that has $25,000 in
    Their 401K plan, but they have a lot of credit card debt, mortgage and other debt. They
    Were asking if they file bankruptcy will they loose their 401K?
  • Oct 19, 2006, 07:51 AM
    ScottGem
    Generally retirement funds are exempt from bankruptcy. But they should have a bankruptcy attorney advising them.

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