Income from IRAs in 6 months prior to filing a
Posted: Tue Apr 05, 2011 4:18 pm
I would.
Nicholas Gebelt, Ph.D., J.D.
Law Offices of Nicholas Gebelt
15150 Hornell Street
Whittier, CA 90604
Phone: 562.777.9159
FAX: 562.946.1365
Email: ngebelt@goodbye2debt.com
Web: www.goodbye2debt.com
Nick:
This does help as to the SSI, but my Debtor has been rather profligate in using his IRA funds, (is it a surprise that a guy with $200,000 in credit card debt would be profligate?) and has been taking about 5K per month, which given the funds in it is clearly an unsustainable monthly draw.
So do I have him stop taking out IRA distributions for 6 months?
Steve
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