Can I borrow from my 401 K to pay off my Chapter 13?
Question Details:
Alicia Beeler Villines / Law Office Of Alicia Beeler Villines
Answered 1 year ago
This attorney is licensed in Missouri
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As a general rule, you must receive court permission to borrow any amount of money while you are in a Chapter 13. So your Motion to Incur Indebtedness should state your reason. I haven't dealt with this particular issue; please let me know how it turns out. I'm curious.