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

D. Blair Clark dbc at dbclarklaw.com
Fri May 19 14:14:33 MDT 2017


In re Carlson, Case No. 09-00970-TLM.  It's on the Court's website.  Judge
Myers, 2009.

D. Blair Clark
LAW OFFICES OF D. BLAIR CLARK PC
1513 Tyrell Lane, Suite 130
Boise, ID 83706
Phone:  208-475-2050
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-----Original Message-----
From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of Paul Ross
Sent: Friday, May 19, 2017 12:52 PM
To: Jon Wilson
Cc: Bankruptcy list
Subject: Re: [CLBS] Do 401(k) funds lose their exemption is debtor borrows
from the 401(k) and deposited the loaned 401(k) funds?

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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