Does any amount you have in an IRA Roth plan have any effect on a Ch. 13 filing? I thought I had around $2,000 in there when I filled out my papers, and turns out there's $3,200. I have the creditors meeting next week and I guess will have to tell the trustee that I actually have $3,200 in there; just hoping it won't cause any more trouble.
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Chapter 13 filed -- June 16 2006
Creditor Meeting-- July 13 2006 -
Hi,
I am pretty sure your Roth IRA is exempt; the only problem that could arise is if your contributions were recent.
Good luck &
Take care,
bkbiker -
that's what I thoght, i'm hoping I don't get into trouble for this. turns out my father put in $500 for me last month.Originally posted by bkbikerChapter 13 filed -- June 16 2006
Creditor Meeting-- July 13 2006Comment
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Originally posted by Ezrin
That should be ok if he made the contribution and you didn't. The trustee doesn't like recent retirement contributions from the debtors unless it's mandatory.Comment
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