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401K loan repayment in Ch. 7 Means Test
Posted: Thu May 06, 2010 10:15 am
by Yahoo Bot
401k loan repayments are an acceptable and allowable expense in a
chapter 13 not in a chapter 7.
The post was migrated from Yahoo.
401K loan repayment in Ch. 7 Means Test
Posted: Thu May 06, 2010 9:56 am
by Yahoo Bot
Dear Listmates:
I have a client who is is just over the means test. I understand that 401K loan repayment expenses is questionable in a Ch. 13 repayment plan expense, but how about in a Chapter 7 means test to ovecome the presumption from arising?
Thanks,
Stephen Stern, Esq.
The post was migrated from Yahoo.