Are children's 529 college funds exempt from bankruptcy in Colorado?

Answer Under federal law, contributions made to a 529 account in Colorado two years or more before a bankruptcy petition are protected from creditor claims; there is even limited protection for contributi... Read More »

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What is exempt from a bankruptcy?

The U.S. Bankruptcy Code contains exemptions that allow filers to keep basic possessions that are needed for survival, according to Property protected by these exemptions cannot be tak... Read More »

Is a prepaid funeral exempt from bankruptcy in Indiana?

There is no specific statute exempting any prepaid funeral expenses from bankruptcy. It's somewhat of a gray area, according to bankruptcy attorney Eugene Mogilevsky. "There's no explicit law, but ... Read More »

Is a mortgaged primary residence exempt from Oklahoma bankruptcy?

In Oklahoma, a mortgaged primary residence is exempt from seizure during a Chapter 7 bankruptcy because there is no limit to the homestead exemption, according to You should... Read More »

Are stock trading accounts exempt from bankruptcy in Colorado?

The U.S. Bankruptcy Code and the laws of the state where a bankruptcy is filed govern exemptions. Stock trading accounts are not exempt under the laws of Colorado or the U.S. Bankruptcy Code.Source... Read More »