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  #1  
Old 03-10-2002, 08:14 PM
rjskal
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Question

Chapter 7 Roth IRA (Texas)

The Trustee has filed an objection to exempting my Roth IRA account. Most of the Roth is from the conversion of my Traditional IRA back in 1998. The Traditional IRA was comprised of about half deductible and half nondeductible contributions. Texas law is clear on deductible and nondeductible Traditional IRA contributions and Roth contributions, but I can't find anything regarding Roth IRA Conversions.

Please help!

I'm filing Chapter 7

Thanks for the links...I found those over the weekend. They don't address the Roth Conversion issue.
Last edited by rjskal; 03-11-2002 at 09:29 AM.
  #2  
Old 03-11-2002, 08:50 AM
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Join Date: Dec 2001
Location: TX
Posts: 1,090
[URL=http://www.ici.org/issues/99_state_ira_bnkrptcy.html]click here[/URL]

still searching but,...

are you filing Federal exemptins or under Texas exemptions??

the exemptions are different

are you doing this yourself?

what chapter are you filing, 7, 11, 13 ??
Last edited by nailtech; 03-11-2002 at 09:12 AM.
  #3  
Old 03-11-2002, 09:14 AM
rjskal
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Smile

nailtech...re: Ch 7

Thanks for the quick response!

I'm filing under Texas exemptions as I have about $40K equity in my house.

No, I have an attorney. I'm just a very hands on guy and want to do as much research on the issues as possible.
  #4  
Old 03-11-2002, 09:17 AM
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Join Date: Dec 2001
Location: TX
Posts: 1,090
[URL=http://www.moranlaw.net/contents.htm]BK help[/URL]


do you have a general email addy I can send you more? as I find it...
  #5  
Old 03-11-2002, 09:22 AM
rjskal
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Thumbs up

nailtech, yes.....

You can reach me at [email]rons@bh-co.com[/email]

I check it frequently throughout the day.

Again, thanks for your quick response. I sincerely appreciate your willingness to assist me!
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