Bankruptcy Knoxville

Nora Raum is best-known for her insightful pieces on National Public Radio but she is also a successful author. One of her most successful books, Surviving Personal Bankruptcy, has recently come out in paperback. The book is a great guide for anyone considering bankruptcy. The purpose is to help you understand the consequences, both good [...]

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The answer? It depends. Sorry. I know nobody wants to hear that answer. Most likely your 401k is safe in a bankruptcy, but only if it is “ERISA qualified” under the bankruptcy code. In most cases that will be true, and if so, the trustee cannot transfer your 401k into your bankruptcy estate and liquidate [...]

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