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Is a Company managed 401K protected during & after bankruptcy

? Thank you, XXXXX...
Is a Company managed 401K protected during & after bankruptcy ? Thank you, XXXXX XXXXX
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Answered in 4 minutes by:
11/3/2009
Ellen
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36,714
Experience: Bankruptcy Lawyer. Experienced.
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Hello,

Yes. A 401K is protected from creditor claims in bankruptcy and after. You can read a synopsis of the exemptions at this link: http://www.bankruptcyinformation.com/CA_exemp.htm
Ellen
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36,714
Experience: Bankruptcy Lawyer. Experienced.
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