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Yes, a 401(k) plan may be seized by a judgment creditor after a civil lawsuit even though you personally are not entitled to take the funds out without a tax penalty. If the 401(k) is seized, you will probably have to pay the taxes and penalties just as if you had taken out the funds yourself and used them to pay the judgment creditor.
Wiki User
∙ 13y ago
Wiki User
∙ 6y agoMost likely YES. But it depends on the individual situation and case.
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Can a civil lawsuit derive from a family lawsuit case?
A family lawsuit is a civil lawsuit. Other lawsuits can arise from the original lawsuit- cross complaints and countersuits.A family lawsuit is a civil lawsuit. Other lawsuits can arise from the original lawsuit- cross complaints and countersuits.A family lawsuit is a civil lawsuit. Other lawsuits can arise from the original lawsuit- cross complaints and countersuits.A family lawsuit is a civil lawsuit. Other lawsuits can arise from the original lawsuit- cross complaints and countersuits.
What is civil prosecution?
A civil prosecution is a procedure that follows a civil lawsuit. This can be utilized if a party is not satisfied with how a civil lawsuit was handled.
How do you spell lawsuit?
That is the correct spelling of "lawsuit" (a civil legal action).
Does the filing of an answer begin a civil lawsuit?
The filing of the Complaint begins the lawsuit. Filing an Answer makes it a contested lawsuit.
Can a judgment be taken from your 401K account in Texas if that is all you have?
Generally speaking, 401k's are protected from judgements.
Can a person avoid civil lawsuit with bankruptcy in Pennsylvania?
Not enough information to answer. Avoid WHAT KIND of civil lawsuit? General answer would have to be - NO.
Can you 401K be taken for unpaid medical bills?
No
Can a prevailing defendant's judgment for attorneys fees and costs against a plaintiff in a negligence lawsuit be attached to his 401K?
No
How to finds 401k funds owed to me?
money was taken out for 401k years ago from my pay checks how can I fine it
Does someone in bankruptcy have to answer a civil lawsuit?
Of course.
How can you see your lawsuit settlement?
civil lawsuits
Can you file a complaint to take possession of an automobile for which you were a co-signer but title is not in your name?
You would need to file a civil lawsuit. You should inquire at your local court.You would need to file a civil lawsuit. You should inquire at your local court.You would need to file a civil lawsuit. You should inquire at your local court.You would need to file a civil lawsuit. You should inquire at your local court.
