How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask John A. Flynn, Esq. Your Own Question
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
11873311
Type Your Bankruptcy Law Question Here...
John A. Flynn, Esq. is online now
A new question is answered every 9 seconds

Can you take a withdrawal from 401k while in chapter 13. We

This answer was rated:

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.
John A. Flynn, Esq. and other Bankruptcy Law Specialists are ready to help you

Related Bankruptcy Law Questions