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Monday, April 04, 2005

IRAs and creditors ruling [US SC]
9:47 PM ET

Rousey v. Jacoway, Supreme Court of the United States, April 4, 2005 [ruling that Individual Retirement Accounts [IRAs] can be exempted from a bankruptcy estate, allowing bankruptcy filers to retain their IRAs rather than forcing them to divide the assets among their creditors]. Read the full text of the opinion here [PDF]. Reported in JURIST’s Paper Chase here.



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