Know Your Rights and Preserve Your Future
There are some major misconceptions among people facing financial difficulty about what happens to their retirement accounts if they file for bankruptcy. Many people wrongly believe that their accounts will be taken in the bankruptcy to repay their creditors, so they cash the accounts out to repay the bills in order to avoid having a bankruptcy on their credit.
The truth is that all ERISA qualified retirement accounts, including 401(k)s, are considered exempt property under the bankruptcy code, which means that they cannot be seized by your trustee to repay creditors. If you are having a hard time keeping up with your bills, don't make a decision that will impact your entire future.
If You Are a Senior Citizen, Debt Doesn't Have to Ruin Your Retirement
At the law offices of William H. Oliver, Jr. & Associates, we have helped thousands of people get the debt relief they need without having to drain their retirement accounts. When you hire our firm, we take the time to fully explain your options and build a plan specifically designed to address your unique needs.
We help individuals file for bankruptcy under Chapter 7 and Chapter 13 as a way to get relief from unmanageable medical bills, credit card bills, mortgage or rent arrearages, and many other types of debt. No matter what type of debt may be creating the hardship you are under, don't make any decisions before you talk to a qualified Ocean County bankruptcy and retirement attorney.
Free Consultation With a Neptune Retirement Tax Attorney
With offices in Toms River and Neptune, our New Jersey bankruptcy lawyer is prepared to help you with any bankruptcy-related matter. Evening and Saturday appointments are available. Call toll free: 1-866-974-1136 or fill out our contact form. Hablamos español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
