Asked 12/20/2010
|
IRA in divorce settlement My husband and I are divorcing after 43 years of marriage. We filed for bankruptcy this year due to financial stress. He filed for a divorce after bankruptcy was discharged. When dividing property he did not list his IRA. When I reminded him he had an IRA he told his lawyer that is was lost in the bankruptcy. I contacted our bankruptcy lawyer and he stated that my husband's IRA was protected and could not be taken from him. Also, if anyone wanted to take it, they would have to contact the bankruptcy lawyer's office. No one has done this. Is this considered to be fraud and are there any consequences? I am assuming he took the money out of the bank and either used the cash or put it in another banking institution. |
Answer 1/1 - Submitted 12/20/2010
His ira should have been listed even thou it was protected it should have been listed anyway someone would have to contact the bankrupcy hearing office and see where they go from there its possible like you said it was put into a different bank but what ever happened they will have to look into it and see where it goes
Type your Answer in the box below and post your answer.
Related Questions (Ask a New Question)
I know student loans are rarely discharched in bankruptcy unless it would cause undo hardship to repay or if the loan went into default 7 years prior to filing for bankruptcy, both of which apply to me.
My husband is filiing for bankruptcy. i am not. i may be receiving an heritance, possibly before the discharge or soon after. will the inheritance have to be claimed to pay back his creditors if it's within the 180 days from filing? he will not be filing any joint debts.
My ex husband is filing for bankruptcy we had no joint debt and he owns the house which i have moved out of. we are filing seperately for taxes. we had an agreement before he decided to file for bankruptcy to split any tx refund or tax debt. he is now telling me that the court might take his refund...
|
Will filing bankruptcy prevent my tax refund from being taken even if only temporarily.? I know student loans are rarely discharched in bankruptcy unless it would cause undo hardship... |
|
If i'm not filing for bankruptcy, only my husband. will my inheritance be affected? My husband is filiing for bankruptcy. i am not. i may be receiving an heritance, possibly... |
|
Ex husband filing for bankruptcy My ex husband is filing for bankruptcy we had no joint debt and he owns the house which i... |
|
If you file for bankruptcy what, if any, tax implications are there? If someone is filing for bankruptcy, are you taxed on the property that you claim in the bankruptcy,... |
|
How do you do a self bankruptcy filing? So since you can file bankruptcy for yourself, how do you do it? it has to be done in exactly... |
|
What is a quitclaim when filing for bankruptcy? I am filing for chapter 13 bankruptcy? |
Ask A Question
Ask a new question about
Bankruptcy: