Is your 401K safe in bankruptcy

Key takeaways Your retirement funds are protected by the Employee Retirement Income Security Act (ERISA) if you file for bankruptcy. There are cases where your 401(k) assets can be seized. These can include if you have outstanding unpaid income tax, if you have...

7 Tips For Recovering From Bankruptcy

  Filing for bankruptcy can feel like you’ve hit the financial equivalent of rock bottom. While it does wipe out your old debt, bankruptcy stays on your credit report for seven to 10 years. Despite this potential hardship, there are ways you can recover from...
Consumer Bankruptcy In The Covid-19 Era

Consumer Bankruptcy In The Covid-19 Era

Consumer Bankruptcy In The Covid-19 Era The current health crises has caused an uncertain economic future for many families. A wave of job losses, pay cuts, reduced hours, loss of bonuses and other personal economic changes affect millions of Americans. For many...