How much cash can one keep in a CH 7? I have 20K or so in one account. Also are retirement accounts protected? I have another 150k or so in a retirement account. Could I move the 20K and keep it? Any advice from someone with experience in this matter would be greatly appreciated.
Your retirement account should be completely protected. I am not so sure about the cash. Do you have an attorney? You should really get legal advice on this. When I filed chapter 7 my attorney calculated it all for me, and he also adviced me to spend some of my tax retrun before filing. It all depends on your situation and time line.