My wife is in chapter 13 bankruptcy. Since she is the beneficiary on my 401K. I am aware that stimulus checks are exempt. I would like to know if 401K withdrawals under the CARES Act are also exempt from the bankruptcy. I am not part of the bankruptcy.

My wife and I are thinking of filing chapter 13. We have contacted a couple of lawyers and are still in the early phases of finding the exact one to go with. We make too much money for the chapter 7. We have been up and down for past few years and it only seems to be getting worse with increases...

... after discharge, but while the case is still open? I want to buy a house with a loan from my 401k.
Do I have to tell the trustee ? My case is an Asset case .

Thank you.

Howdy! It has been a while since I have checked into the BKForum, which seems odd since I was literally on this site all the time from November 2009 - September 2010. Funny how things change so quickly. I wanted to give an update on how everything worked out for my wife and I, and to thank all of...

I feel like such a PIA and I've tried searching for this answer, but didn't see anything that would help me figure this out. I appreciate all the help you guys have given me.

I hired an attorney who only does Ch. 7 BK. She assured me we passed the means test by enough that it won't be...

First off, let me say this is my first post, but after using the site as a guest for the past two weeks I have learned SO MUCH! This is an incredible site with tons of valuable information.

I am preparing for a Chapter 13 (met with first of 3 attorneys today - good advice I got from...

my girlfriend is in foreclosure and may have to declare bankruptcy to avoid $70k+ in mortgage debt. what can she do to protect her savings? bank accounts are non-exempt, but is there something she can do to make it safe? move it to an IRA / 401k? are transfers of this sort ok? how far back in bank...

I wanted to share my dumb dumb mistake in case anyone was thinking of doing the same. I needed to take out money out of my retirement money, to pay attorney,so right before i filed I took out 6000. I was thinking it is protected. Wrong, once you take it out before bkrptcy it is asset. Lucky for me,...

My lawyer today said that since my 401K is optional that I have to stop contributing to it. Is this true for Chapter 13?

I wasn't sure where to put this thread so I thought someone here might know about these things.

I have a minimal 401k savings account from my former employer. I am now unemployed and the rule is supposedly that after 6 months of being unemployed I can roll the 401k over into a new account,...

I used exemptions from the NOLO book for Nevada & had some problems at my 341 meeting. I need to re-submit a corrected Schedule C and am having some difficulty figureing out which exemption I should be using.

http://www.leg.state.nv.us/NRS/NRS-0...l#NRS021Sec090
This site...