401K and Bankruptcy
When a company files chapter 11 Bankruptcy, it is my understanding that their 401K can get tied up in that process.
Is this also the case when a company files chapter 7 bankruptcy?
Thanks,
ED Lustberg
When a company files chapter 11 Bankruptcy, it is my understanding that their 401K can get tied up in that process.
Is this also the case when a company files chapter 7 bankruptcy?
Thanks,
ED Lustberg
Submitted by Edward Lustberg on Sat, 2008-12-06 04:14