What would you like to do?

401k and bankruptcy?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

I believe new bankruptcy law exempts all retirement from being touch during bankruptcy so it should be safe
Thanks for the feedback!

Can you take money out of your 401k after you file bankruptcy?

  Answer   Yes, but not until your discharge. If you take money out of a 401K after you file and before discharge, the money is no longer exempt and could be taken b

What is a 401K?

your retirement fund     It is a type of defined contribution retirement plan offered by  many employers. The employee decides how much he wishes to  contribute, a
What about 401k?

What about 401k?

A 401(k) plan is a retirement account to which employee and employer contribute, on which taxes are deferred until withdrawal, and for which the employee selects the types of

How do you get a 401k?

A 401k Plan generally is offered to employees by their employer. If you are self-employed, you may start a 401k or other retirement plan.

Are you a bankruptcy?

     Bankruptcy is when a person or a firm thinks that they are in  financial crisis, they go out for filing bankruptcy in related  court.  /  

Can you take a loan from 401k before bankruptcy is discharged?

  NEWS ALERT: YOUR IN BANKRUPTCY...YOU HAVE TROUBLE HANDLING FINANCES, You have more debt than you can handle...COMMON SENSE: BORROWING MORE CANNOT GET YOU OUT OF DEBT. 
How do you get out of bankruptcy?

How do you get out of bankruptcy?

Bankruptcies will stay on your credit report for 7 to 10 years. The only way to get it removed is to have the courthouse where it was filed remove it or the credit bureaus rem

Can employee stock options be converted to a 401K without bad faith before filing a Chapter 7 Bankruptcy?

  Answer     generally no. the only type of money that can be put into a 401k are payroll deductions, roll ins from other 401k's, traditional or Rollover IRA's

Can you get in trouble if you listed your 401k as an asset in bankruptcy and cashed out to pay remaining debt after the fact?

  Answer   Generally you cannot get in trouble for cashing in a 401(k) that was listed as an asset in your bankruptcy case to pay off non-discharged debts after the

Can you borrow money against your 401k if you are in bankruptcy to pay off your taxes?

  NEWS ALERT: YOUR IN BANKRUPTCY...YOU HAVE TROUBLE HANDLING FINANCES, You have more debt than you can handle...COMMON SENSE: BORROWING MORE TO GET OUT OF DEBT DOESN'T WOR