Hoping there are others still around that have closed out their IRA accounts. Here's my question:
My notes that can sell are now sold- there's three notes that are BK that should go away very soon. I still see recoveries coming in- in the last few days it's been $25-100.
How long did you, or did you, leave the account open to catch these remaining recoveries? I'd like to transfer out from Strata the last of my IRA funds, but given the last batch of recoveries, I'm inclined to wait a bit.
To give a frame of reference, at my high point I had $150K in notes, and about $40K in BK/CO.
Is it worth while to wait a bit for more recoveries before I transfer out and close up shop, or should I just go ahead and pull the trigger?
I know from others that once I transfer out the last step is to contact LC and have them close the account, at which point any funds that come in are forfeited. Looking to see based on others how much that might be based on their experiences, so I can decide what's right for me. If waiting another month gets me a significant chunk of change back I'm willing to wait.