Wyandotte, MI asked in Bankruptcy for Michigan

Q: Can I withdraw my 401k if im in chapter 13 bankruptcy?

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2 Lawyer Answers
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Not without permission of the court.

David Luther Woodward agrees with this answer

Michael Hollins Sr.
Michael Hollins Sr.
Answered
  • Bankruptcy Lawyer
  • Nashville, TN
  • Licensed in Michigan

A: You will need the court's or trustee's permission to obtaining new credit, while you are in a chapter 13 bankruptcy,

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