Retirement and Bankruptcy
Admin on August 15, 2020 Posted in BlogIf you are worried that bankruptcy will wipe out your retirement savings, the good news is that retirees often can keep their retirement savings even if they have substantial debt. This is because bankruptcy law exempts most retirement accounts from bankruptcy. While every state has its own bankruptcy code, California law often views social […]
Taking Steps to Combat Elder Bankruptcy
Admin on September 16, 2019 Posted in BlogThe number of elderly individuals in the United States who have proceeded through the bankruptcy process has increased substantially over the last few years. Statistics reveal that in 1991, elderly individuals comprised 2% of individuals who filed for bankruptcy. This group, however, now comprises approximately 12% of people who pursue bankruptcy. This increase will result […]