Would a Trustee object to me continuing contributions to a non-mandatory 457(b) Deferred Compensation plan?
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I suppose, as always, it depends on your District and Trustee. My husband and I each have one and there was no question posed about either one.04/04/08 filed Ch. 13
5/08/08 341 hearing
6/12/08 Confirmed -
Interesting, I will need to consult with my attorney then.Comment
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If it is non-mandatory, those funds could be considered as disposable funds available for your creditors. Discuss fully with your attorney._________________________________________
Filed 5 Year Chapter 13: April 2002
Early Buy-Out: April 2006
Discharge: August 2006
"A credit card is a snake in your pocket"Comment
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Considering that I had to file in 8 months, I tried to get the funds out to help pay for my attorney fees.
The deferred comp program told me that I cannot remove them for 2 years.
So unless the trustee can just strong arm them into giving it to him, by all means take it.
Im on a 0% to unsecured, so it would all go to the secured claims anyway, thus making my payment even lower per month.
So I dont know how that plays into it.Comment
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