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    Borrow from 401k

    We have filed and our 341 meeting is next month. Things are really tight for us at the moment and we want to borrow less than $2,000 from my 401k for living expenses like gas, food, Prescriptions, etc. Just to get by till we get caught up.

    Will something like this be ok to do?

    #2
    Don't touch it...call your attorney and advisd him/her of your sitiuation,
    _________________________________________
    Filed 5 Year Chapter 13: April 2002
    Early Buy-Out: April 2006
    Discharge: August 2006

    "A credit card is a snake in your pocket"

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      #3
      I cashed out a small pension between filing and 341. No ramifications, my lawyer said it was ok to do....
      Filed CH 7 05/06/09
      341 06/12/09
      Last day for objections 08/11/09
      Discharged and CLOSED!! 08/28/09

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