NYT: ‘Too Little Too Late’: Bankruptcy Booms Among Older Americans (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 10, 2024, 06:25:47 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  NYT: ‘Too Little Too Late’: Bankruptcy Booms Among Older Americans (search mode)
Pages: [1]
Author Topic: NYT: ‘Too Little Too Late’: Bankruptcy Booms Among Older Americans  (Read 431 times)
True Federalist (진정한 연방 주의자)
Ernest
Moderators
Atlas Legend
*****
Posts: 42,144
United States


« on: August 08, 2018, 08:56:21 AM »

Wierdly, bankruptcy can be a good estate planning tool for the elderly.  Retirement accounts are generally exempt property and depending on the State you live in, homes and vehicles will typically be exempt in full or in part.So if you've retired and you don't have much in the way of non-exempt property, using bankruptcy court to clear debts can be quite effective even it isn't medical debt.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.02 seconds with 12 queries.