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IRAs Shielded in Bankruptcy, Justices Rule
Yes, that's what it means and that's what the Federal exemptions still mean.
***********************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
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----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Thursday, April 14, 2005 10:17 PM
Subject: Re: [cdcbaa] Re: IRAs Shielded in Bankruptcy, Justices Rule
DOes this mean that it is still under the REASONABLE AND NECESSARY TEST?
I though out Codes mirrored the Federal?
"Mark J. Markus" wrote:
It really changes nothing here. It merely says that IRA's are included in the exemptable accounts under the retirement exemptions. It doesn't change the amount exemptable or anything else.
***********************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
************************************************
Confidentiality Note: This e-mail is intended only for the person or
entity to which it is addressed and may contain information that is privileged,
confidential, or otherwise protected from disclosure. Dissemination,
distribution, or copying of this e-mail or the information herein by anyone
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----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Tuesday, April 05, 2005 1:02 PM
Subject: [cdcbaa] Re: IRAs Shielded in Bankruptcy, Justices Rule
Although I read only the syllabus of the case, it appears to apply
only to jurisdictions which select the federal exemptions under sec
522. If this is correct, then the case will not help our debtors
here in CA.
Mike Candiotti
--- In cdcbaa@yahoogroups.com, lurpnlaw160@h... wrote:
>
> This story was sent to you by: Tyson Takeuchi
>
> --------------------
> IRAs Shielded in Bankruptcy, Justices Rule
> --------------------
>
> In a unanimous decision, the Supreme Court says creditors may not
seize money in the retirement accounts to collect on debts.
>
> By David G. Savage
> Times Staff Writer
>
> April 5 2005
>
> WASHINGTON — The Supreme Court ruled Monday that people who
file for bankruptcy protection can keep the money saved in their
individual retirement accounts.
>
> The complete article can be viewed at:
> http://www.latimes.com/news/nationworld/nation/la-na-
The post was migrated from Yahoo.
DOes this mean that it is still under the REASONABLE AND NECESSARY TEST?
I though out Codes mirrored the Federal?
"Mark J. Markus" wrote:
It really changes nothing here. It merely says that IRA's are included in the exemptable accounts under the retirement exemptions. It doesn't change the amount exemptable or anything else.
***********************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
************************************************
Confidentiality Note: This e-mail is intended only for the person or
entity to which it is addressed and may contain information that is privileged,
confidential, or otherwise protected from disclosure. Dissemination,
distribution, or copying of this e-mail or the information herein by anyone
other than the intended recipient, or an employee or agent responsible for
delivering the message to the intended recipient, is prohibited. If you
have received this e-mail in error, please notify us immediately at (818)
509-1173 or e-mail us at bklawr@bklaw.com and destroy the
original message and all copies.
To: cdcbaa@yahoogroups.com
Sent: Tuesday, April 05, 2005 1:02 PM
Subject: [cdcbaa] Re: IRAs Shielded in Bankruptcy, Justices Rule
Although I read only the syllabus of the case, it appears to apply
only to jurisdictions which select the federal exemptions under sec
522. If this is correct, then the case will not help our debtors
here in CA.
Mike Candiotti
>
> This story was sent to you by: Tyson Takeuchi
>
> --------------------
> IRAs Shielded in Bankruptcy, Justices Rule
> --------------------
>
> In a unanimous decision, the Supreme Court says creditors may not
seize money in the retirement accounts to collect on debts.
>
> By David G. Savage
> Times Staff Writer
>
> April 5 2005
>
> WASHINGTON — The Supreme Court ruled Monday that people who
file for bankruptcy protection can keep the money saved in their
individual retirement accounts.
>
> The complete article can be viewed at:
> http://www.latimes.com/news/nationworld/nation/la-na-
scotus5apr05,0,7779662.story?coll-home-nation
>
> Visit latimes.com at http://www.latimes.com
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DOes this mean that it is still under the REASONABLE AND NECESSARY TEST?
I though out Codes mirrored the Federal?"Mark J. Markus" <bklawr@bklaw.com> wrote:
It really changes nothing here. It merely says that IRA's are included in the exemptable accounts under the retirement exemptions. It doesn't change the amount exemptable or anything else.
***********************************************Mark J. MarkusLaw Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA 91604-2652(818)509-1173(818)509-1460 (fax)e-mail: bklawr@bklaw.comweb: http://www.bklaw.com/****************** ... dentiality Note: This e-mail is intended only for the person orentity to which it is addressed and may contain information that is privileged,confidential, or otherwise protected from disclosure. Dissemination,distribution, or copying of this e-mail or the information herein by anyoneother than the intended recipient, or an employee or agent responsible fordelivering the message to the intended recipient, is prohibited. If youhave received this e-mail in error, please notify us immediately at (818)509-1173 or e-mail us at bklawr@bklaw.com and destroy the original message and all copies.
----- Original Message -----
From: mhclaw
To: cdcbaa@yahoogroups.com
Sent: Tuesday, April 05, 2005 1:02 PM
Subject: [cdcbaa] Re: IRAs Shielded in Bankruptcy, Justices Rule
Although I read only the syllabus of the case, it appears to apply only to jurisdictions which select the federal exemptions under sec 522. If this is correct, then the case will not help our debtors here in CA.Mike Candiotti--- In cdcbaa@yahoogroups.com, lurpnlaw160@h... wrote:> > This story was sent to you by: Tyson Takeuchi> > --------------------> IRAs Shielded in Bankruptcy, Justices Rule > --------------------> > In a unanimous decision, the Supreme Court says creditors may not seize money in the retirement accounts to collect on debts.> > By David G. Savage> Times Staff Writer> > April 5 2005> > WASHINGTON — The Supreme Court ruled Monday that people who file for bankruptcy protection can keep the money saved in
their individual retirement accounts. > > The complete article can be viewed at:> http://www.latimes.com/news/nationworld ... ome-nation > > Visit latimes.com at http://www.latimes.com__________________________________________________Do You Yahoo!?Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
The post was migrated from Yahoo.
It really changes nothing here. It merely says that IRA's are included in the exemptable accounts under the retirement exemptions. It doesn't change the amount exemptable or anything else.
***********************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
************************************************
Confidentiality Note: This e-mail is intended only for the person or
entity to which it is addressed and may contain information that is privileged,
confidential, or otherwise protected from disclosure. Dissemination,
distribution, or copying of this e-mail or the information herein by anyone
other than the intended recipient, or an employee or agent responsible for
delivering the message to the intended recipient, is prohibited. If you
have received this e-mail in error, please notify us immediately at (818)
509-1173 or e-mail us at bklawr@bklaw.com and destroy the
original message and all copies.
----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Tuesday, April 05, 2005 1:02 PM
Subject: [cdcbaa] Re: IRAs Shielded in Bankruptcy, Justices Rule
Although I read only the syllabus of the case, it appears to apply
only to jurisdictions which select the federal exemptions under sec
522. If this is correct, then the case will not help our debtors
here in CA.
Mike Candiotti
--- In cdcbaa@yahoogroups.com, lurpnlaw160@h... wrote:
>
> This story was sent to you by: Tyson Takeuchi
>
> --------------------
> IRAs Shielded in Bankruptcy, Justices Rule
> --------------------
>
> In a unanimous decision, the Supreme Court says creditors may not
seize money in the retirement accounts to collect on debts.
>
> By David G. Savage
> Times Staff Writer
>
> April 5 2005
>
> WASHINGTON — The Supreme Court ruled Monday that people who
file for bankruptcy protection can keep the money saved in their
individual retirement accounts.
>
> The complete article can be viewed at:
> http://www.latimes.com/news/nationworld/nation/la-na-
scotus5apr05,0,7779662.story?collla-home-nation
>
> Visit latimes.com at http://www.latimes.com
Yahoo! Groups Links
a.. To visit your group on the web, go to:
http://groups.yahoo.com/group/cdcbaa/
b.. To unsubscribe from this group, send an email to:
cdcbaa-unsubscribe@yahoogroups.com
c.. Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
It really changes nothing here. It merely
says that IRA's are included in the exemptable accounts under the retirement
exemptions. It doesn't change the amount exemptable or anythingelse.
***********************************************Mark J. MarkusLaw
Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA91604-2652(818)509-1173(818)509-1460 (fax)e-mail: bklawr@bklaw.comweb:
The post was migrated from Yahoo.
Although I read only the syllabus of the case, it appears to apply
only to jurisdictions which select the federal exemptions under sec
522. If this is correct, then the case will not help our debtors
here in CA.
Mike Candiotti
>
> This story was sent to you by: Tyson Takeuchi
>
> --------------------
> IRAs Shielded in Bankruptcy, Justices Rule
> --------------------
>
> In a unanimous decision, the Supreme Court says creditors may not
seize money in the retirement accounts to collect on debts.
>
> By David G. Savage
> Times Staff Writer
>
> April 5 2005
>
> WASHINGTON — The Supreme Court ruled Monday that people who
file for bankruptcy protection can keep the money saved in their
individual retirement accounts.
>
> The complete article can be viewed at:
> http://www.latimes.com/news/nationworld/nation/la-na-
scotus5apr05,0,7779662.story?coll-home-nation
>
> Visit latimes.com at http://www.latimes.com
The post was migrated from Yahoo.
This story was sent to you by: Tyson Takeuchi
IRAs Shielded in Bankruptcy, Justices Rule
In a unanimous decision, the Supreme Court says creditors may not seize money in the retirement accounts to collect on debts.
By David G. Savage
Times Staff Writer
April 5 2005
WASHINGTON — The Supreme Court ruled Monday that people who file for bankruptcy protection can keep the money saved in their individual retirement accounts.
The complete article can be viewed at:
The post was migrated from Yahoo.