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John A. Flynn, Esq.
John A. Flynn, Esq., Attorney
Category: Bankruptcy Law
Satisfied Customers: 202
Experience:  14 Years Experience in Bankruptcy - Mid-South Super Lawyer
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Can you take a withdrawal from 401k while in chapter 13. We

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Can you take a withdrawal from 401k while in chapter 13. We have one year left in a 5 year plan. Everything with our attorney and trustee has been a problem so far.
Assuming you fully exempted the 401(k) and you aren't borrowing money, that should not be a problem at all. It's your asset and you're simply converting it from being in the 401(k) to cash.
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