Trustee goes after pension plans

[espo1357]

The definitely can't go after the 401k.

And I am pretty sure the same applies to the IRA.

[despritfreya]

Let me guess, this is a self settled 401k (or is it an IRA) and you placed a substantial amount of money in the accounts within the 120 days prior to filing. Something along those lines?

As to the 529's any deposits made within the 1 year prior to filing ARE recoverable. See 11 USC 541(b)(5).

How much money are we talking about and what are the details. With that info I may be able to tell you if you have any defense.

Des.

[IamOld]

My wife and myself exempted all 401k's, a 529 plan for son and $258 in checking account in the day of the filling.

Not the trustee wants everything !!!

How is that possible? ARen't 401ks exempt BY LAW???

[stanpendula]

My wife and myself exempted all 401k's, a 529 plan for son and $258 in checking account in the day of the filling.

Not the trustee wants everything !!!