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Question for the Money Doctors

Question submitted on May 17, 2011.

Question

My wife and I are public school employees. If we get foreclosed on or if we go bankrupt. Can creditors come after our 403B if there is judgement against us?

Answer

Thank you for your question.  First, let me note that I am not an attorney and can’t give legal advice.  I will give you as much information as I can, but I’m afraid you will have to contact a qualified attorney in your state to get an absolute answer to your question. 


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