This is false. Qualified retirement accounts are legally protected (i.e., “exempt”) assets under a Chapter 7 or Chapter 13 Bankruptcy. The Trustee or your creditors do not have access these accounts for payment of debts or liquidation.
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Prior to filing a Chapter 13 Reorganization, one of my biggest concerns was “how will this affect my credit?” After talking with one of the attorneys at Acclaim Legal Services, they showed me that a Chapter 13 would allow me to consolidate my bills based on my income and my living expenses and lower…
Acclaim Legal Services has provided me professionalism, service and most of all results!
I came to Acclaim Legal Services when I was desperate to find another attorney to take over my pending case. I was not sure who was going to handle my file as this was an important part of my life. I made…
(Macomb Township, Michigan)
I am a hard working and proud individual. So when I came to the realization that I might actually have to file bankruptcy, it really ran against everything my parents ever tried to instill in me. I have to say that I was embarrassed and a bit ashamed. However being a realist, I contacted your firm…
I would like to take a moment and recognize our attorney and his team. They were very accommodating and courteous throughout our entire Chapter 13 process. When we had a question we would email them or call and they would promptly get back to us with an answer. We came into this terrified and not…