Rob Goldman Legal Solutions
Wills and estate planning for seniors and families

Peace of mind is just a phone call away

Should I withdraw and spend my IRA or 401(k) before I file for bankruptcy?

In most cases that is the worst thing you can do! Retirement funds enjoy a special exemption in bankruptcy, and early withdrawal will result in substantial tax penalties and interest. Do not use these funds to try to avoid having to file bankruptcy without first having an experienced bankruptcy attorney thoroughly review your situation.

Contact us now to inquire about our Chapter 7 Bankruptcy related legal services.

Contact Baltimore Chapter 7 Bankruptcy Attorney