Bankruptcy and Retirement · Atlanta Lawyers
Will Your Retirement Accounts Be Taken by Your Creditors?
If you have spent years putting money away for retirement, you want to make sure your savings are protected. If you are having trouble repaying your debts, you need to make absolutely certain that your creditors cannot get their hands on your retirement savings.
If you have questions about bankruptcy and retirement, our Atlanta attorneys at Jamie L. Gingold, PC, GingoldBankruptcyLaw.com (Formerly practicing with Gingold & Gingold LLC) — Ira D. Gingold, who has been a bankruptcy lawyer since 1971 and Court-appointed Bankruptcy Trustee from 1971-2013, and Jamie L. Gingold, who has been practicing bankruptcy, real estate and business law since 2001 — can address your concerns and relieve your stress.
Understanding How Georgia Law Protects Your Retirement Savings
Under Georgia’s homestead exemption law, neither your creditors nor the bankruptcy trustee can take money from your retirement accounts to repay your debts. This law generally applies to accounts of all sizes, as long as they are government-recognized retirement accounts such as:
- Individual retirement accounts (IRAs)
- Roth IRAs
- SEP and SIMPLE IRAs
- Keogh plans
- 401(k) accounts
- Pension plans
When you hire our experienced attorneys to handle your bankruptcy, we will make sure your retirement accounts are protected and properly reported on your bankruptcy petition so that there is no confusion about the fact that the money is yours and nobody can take it.
Georgia Bankruptcy Attorneys Protecting IRAs, 401(k)s and Pensions
To discuss how our experienced bankruptcy lawyers can help you protect your retirement accounts in bankruptcy, contact us at (678) 915-2634 or by e-mail to schedule a free consultation. We have convenient office locations in Atlanta, Cumming, Dallas, and Douglasville, and evening and weekend appointments are available.