Will my 401K be affected in a bankruptcy? 4 Answers as of August 27, 2010

If I file for bankruptcy will I be able to keep my 401K retirement?

Ask a Local Attorney. 100% Anonymous. Free Answers.

Or for Immediate Assistance call (888) 428-7281

Free Case Evaluation by a Local Lawyer: Click here
Lorene Lynn Mies, APLC
Lorene Lynn Mies, APLC | TheBankruptcyMinute.com
No, your 401k is exempt.
Answer Applies to: California
Replied: 8/27/2010
Diefer Law Group, P.C.
Diefer Law Group, P.C. | Abel Fernandez
Yes, you will be able to keep your 401K.
Answer Applies to: California
Replied: 8/26/2010
Ariano & Reppucci
Ariano & Reppucci | Chris Ariano
Almost always your 401K is not affected by bankruptcy.
Answer Applies to: Arizona
Replied: 8/26/2010
The Law Office of Mark J. Markus
The Law Office of Mark J. Markus | Mark Markus
No, it should not be affected. It is protected by federal law up to a certain limit (which is over a million dollars).
Answer Applies to: California
Replied: 8/25/2010
Click to View More Answers: