With debt burdening many Americans, preretirees and retirees should understand the creditor protections for retirement accounts before raiding those accounts through loans or withdrawals. Those ...

Q. My wife and I are 62 and have multiple retirement accounts. Which are exempted assets, that is, protected from creditors, if one of us filed for personal bankruptcy? Does it make a difference if we ...

A creditor may place a bank levy on your account to collect on an unpaid debt. With a bank levy in place, your account will be frozen until the creditor takes the money you owe directly from your ...

Credit cards and banking specialist Jenn Underwood brings over 16 years of personal finance experience to the table. After a decade of teaching courses in banking, debt reduction, budgeting and credit ...

I recently heard that transfer-on-death, or TOD, bank and brokerage accounts and living trusts aren't legally protected from their owner's creditors after he dies. I know TOD accounts and living ...