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Asked 12/2/2010

Liquidation of IRA or 401k during bankruptcy?

When someone files for bankruptcy, will the investments like
the 401k or the IRA have to be liquidated, also?

 
 
 
 
 
Answers

Answer 1/1 - Submitted 12/2/2010

No, it has a federal protection under BAPCPA [ BANKRUPTCY ABUSE PROTECTION AND CONSUMER PROTECTION ACT ]

 
 
 
 
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