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

Paul Ross paul at idbankruptcylaw.com
Fri May 19 12:51:41 MDT 2017


In re Merrill, 431 BR 239

On Fri, May 19, 2017 at 12:28 PM, Jon Wilson <jon at boiselaw.org> wrote:

> 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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