Quantcast
Don't Miss

Tag Archives: Retirement Funds

Bankruptcy: Claimed Exceptions- Interests in Former Spouse’s Accounts- Retirement Funds

In his divorce proceeding, debtor was awarded one-half the value of his ex-wife’s retirement accounts. Debtor took no action to obtain title or possession to the accounts. However, debtor claimed an exemption for the accounts as retirement funds; the bankruptcy ...

Read More »

Bankruptcy: Claimed Exceptions- Interests in Former Spouse’s Accounts- Retirement Funds

Where debtor’s interest in retirement accounts merely resulted from a property settlement, funds in the accounts were not retirement funds exempt under federal law from bankruptcy proceeding as the exemption was limited to the individual who created and contributed funds ...

Read More »