by Mark J. Markus | Feb 20, 2015 | Bankruptcy Law, means test, retirement accounts
In my opinion, using retirement or other protected funds to pay your debts is almost always a bad idea. Yet it is one of the most frequent “solutions” people utilize in their quest to deal with debt problems and their misguided attempts to avoid filing...
by Mark J. Markus | Jan 26, 2012 | Bankruptcy Alphabet, Bankruptcy Law, chapter 13, chapter 7, retirement accounts
One of the most common situations we bankruptcy attorneys see in our practice is clients that have borrowed money from their 401k or other retirement plans to try and keep up with their debts. Usually this is as a last resort before considering bankruptcy, but the...