In my bankruptcy alphabet, R stands for Retirement. Retirement plans and IRA’s are safe in whatever chapter of bankruptcy you file. Your rights in an employer’s pension plan or a union pension plan are not even part of the property of your bankruptcy estate. The Supreme Court held almost 20 years ago that ERISA qualified…
Californians may enjoy an increase in the exemption for a principal residence and compensating increases in the exemptions available under CCP 703 to Californians filing bankruptcy.? The bill under consideration , AB 929, will not, however, increase the wildcard, or grubstake, exemption in the CCP 703 scheme. A bill to again revise California Exemptions, introduced…
