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    pleaseme's Avatar
    pleaseme Posts: 1, Reputation: 1
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    #1

    Sep 14, 2009, 09:50 AM
    Can a creditor seize an IRA?
    When filing for banckrupcy can a creditor seize any or all of your assets?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Sep 14, 2009, 10:33 AM

    Depends. If you declare bankruptcy then you can shield up to $1 million of your IRA. Individual states also have laws that may limit your exposure even if you don't declare bankruptcy, so it depends where you live.
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