Mealey's Bankruptcy - U.S. High Court Hears Arguments On Debtors' Ability To Exempt IRA From Estate

Mealey's Bankruptcy - U.S. High Court Hears Arguments On Debtors' Ability To Exempt IRA From Estate

WASHINGTON, D.C. - The U.S. Supreme Court heard oral arguments on March 24 in a case in which a debtor couple contend that they should be entitled to an exemption in their Chapter 7 bankruptcy for money in an inherited individual retirement account (IRA) (Brandon Clark, et al. v. William Rameker, No. 13-299, Chapter 7, U.S. Sup.).

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