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I just had my meeting of creditors. I just left a job and…

Customer Question
I just had my...

I just had my meeting of creditors. I just left a job and wish to cash out my 401k. Do i need to wait until discharge date to do this?

Lawyer's Assistant: What state are you in? And are you working with a local attorney?

TN and yes I am. He says to wait until discharge. I am just curious because a friend has not had a discharge and she has received massive student loan reimbursement checks and nothing has been said. Is it different for 401k?

Lawyer's Assistant: Has anything been filed in civil court? If so, what?

No. I just reaffirmed on my vehicle

Submitted: 7 months ago.Category: Bankruptcy Law
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Answered in 5 minutes by:
12/19/2017
Bankruptcy Lawyer: DrakeLAW, Attorney replied 7 months ago
DrakeLAW
DrakeLAW, Attorney
Category: Bankruptcy Law
Satisfied Customers: 1,038
Experience: Attorney at Drake Law Firm PLC
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Hi, my name is ***** ***** I look forward to helping you, please give me a moment to review and possibly research answers to your question.

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Customer reply replied 7 months ago
ok
Bankruptcy Lawyer: DrakeLAW, Attorney replied 7 months ago

Yes, you can now cash out your 401k if you really want to. You do not have to wait until the discharge date. You could have done it the day after you file your petition for example. That is the date that matters for this.

Please kindly rate the question so I may be credited. Thank you. You can still ask follow-up questions.

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Bankruptcy Lawyer: DrakeLAW, Attorney replied 7 months ago

Did that fully answer your question?

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Bankruptcy Lawyer: DrakeLAW, Attorney replied 7 months ago

Hello, was I able to fully answer your question?

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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