An IRA IS an individual account. All of her active notes, I was able to sell leaving only charged off notes. All of the cash was transferred to another brokerage. The only thing left in the account were all her charge offs which do occasionally pay recoveries. The options were either to surrender the charge offs to LC and be done with the account, or to transfer / convert them over to my individual taxable account. Fairly easy. I just had to add her to the individual account, thus making it a joint account, and then transfer the charge offs from her IRA. When they do that, they create a new "portfolio" folder and dump them into that. Subsequently, the IRA is then closed. Then whatever recoveries come in, they credit to the taxable account.
* Disclosure: I am not a tax attorney, consult a professional tax advisor.