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 Ellen Your Own Question
Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
Type Your Bankruptcy Law Question Here...
Ellen is online now
A new question is answered every 9 seconds

I filed chap 7 in dec.If I borrow money from my 401 to pay

Customer Question

I filed chap 7 in dec.If I borrow money from my 401 to pay my deductible on a knee operation before its discharged will it cause problems with my chap 7 being discharged.
Submitted: 7 years ago.
Category: Bankruptcy Law
Expert:  Ellen replied 7 years ago.

Thank you for your question.

Withdrawal from your 401(k) in the amount necessary to pay for your knee operation deductible should not affect your chapter 7 bankruptcy in anyway