Is My Inherited IRA Safe in Bankruptcy?

Is My Inherited IRA Safe in Bankruptcy?

By John W. Lee, P.C. An IRA (Individual Retirement Accounts) that has been inherited is not exempt property in Bankruptcy. The United States Supreme court decided on June 12, 2014, in a rare unanimous decision that inherited IRA funds are not exempt in bankruptcy. The...
The Rent to Own Debacle

The Rent to Own Debacle

By John W. Lee Today’s words of wisdom…Never buy a computer or furniture on credit, and avoid rent to own stores. The vast majority of bankruptcy clients I see have at some point purchased either a computer or furniture on credit. Another purchase that is...