Motion to vacate default judgment/IRA Money

[caliber]

What is the name of your state? NJ

We are motioning to vacate a default judgment against Discover. Question is can an IRA account be seized while we file our motion? We have an attorney working on it but I wanted to ask.

 

[JETX]

We are motioning to vacate a default judgment against Discover. Question is can an IRA account be seized while we file our motion?

It depends on the IRA account. NJ has the following 'Pensions and Retirement Benefits' from judgment seizure:
ERISA-qualified plans. Funds exempt for public employees. IRA exemptions for conventional, Roth, education, SEP and SIMPLE plans.

 

[caliber]

Conventiional IRA

Thanks for the reply. It's a conventional IRA. Where specifically is the site you quote from? Thanks again!

 

[caliber]

only or public employees?

Does that read IRA for public employees?