[CLBS] Do 401(k) funds lose their exemption is debtor borrows from the 401(k) and deposited the loaned 401(k) funds?

[Jon Wilson]

Dear List Mates:

 

 

I believe there is a decision on point, but can't remember its name.   Any
help is appreciated.

 

Do 401(K) funds lose all exemption claims under Idaho bankruptcy exemptions
if debtor borrows from his 401(k) and then has the loaned proceeds deposited
in his checking account?

 

Thanks.

 

Jon R. Wilson

Attorney at Law

 

Wilson Law Offices, P.C.

4614 W. Emerald St.

Boise, ID 83706

Tel. (208)343-8400

Fax (208)424-5006

Email:  jon at boiselaw.org <mailto:jon at boiselaw.org> 

 

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