Ten Things Not To Do Before Filing Bankruptcy

Posted by Vokshori Law Group on October 25, 2010 · Leave a Comment 

1. Don’t tap your retirement funds. One frequent mistake made by people in financial trouble is to take money out of a 401k plan or IRA in order to pay things like credit card debt. Retirement funds like 401ks and IRAs are protected from both creditors and bankruptcy trustees. Creditors can’t take that money. The … Continue reading →

Category 401K, Bankruptcy, Debt, Mortgage, Retirement · Tagged with , , , ,