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Financial Planning / Living Under Bankruptcy


Subject:  Re: BK7, effect on IRA and trading acct? Date:  10/10/2001  1:14 PM
Author:  jsn7 Number:  947 of 1260

First of all, don't worry about finding a brokerage firm until you get this straightened out.
Secondly, don't liqudiate anything and pay anyone unless your lawyer says it's ok. Contrary to poular belief, taxes can be included in bk but, there is a 5 part test to be met. Talk to your CPA about the situation and have them recommend a lawyer.
For the time being, keep paying on your car until you see a lawyer. I'd strongly urge you not to do this alone.
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