Bankruptcy Knoxville

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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When it comes to bankruptcy there are a few things that cannot be discharged. One of them is student loan debt. There are some exceptions but for the most part student loan debt will not be discharged in a bankruptcy proceeding. However, in a case before the Supreme Court right now, a 20-year-old student loan [...]

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