Bankruptcy and the elderly or seniors

Do not use your retirement accounts, IRAs, or 401Ks before consulting a bankruptcy attorney if you are considering filing bankruptcy. These accounts are protected from creditors when you file bankruptcy. However, once the funds are removed from these accounts, the protections are either non existent or limited.

Filing bankruptcy does not stop your social security payments or affect the amount you receive.

Contact us at the Rashid Law Firm for a free consultation with a Houston bankruptcy lawyer to learn your options.


No uses sus cuentas de retiro, IRA o 401ks, sin consultar con un abogado de bancarrota si estas considerando aplicar para bancarrota. Estas cuentas están protegidas de acreedores cuando aplicas para bancarrota. Pero si usas dinero de esas cuentas, ya no estarán protegidas.

Aplicar para la bancarrota no para su ingreso de seguro social.

Comuníquese con el Lcdo. Rashid para una consulta gratis con un abogado de bancarrota en Houston para saber sus opciones.

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