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Asked in North Tonawanda, NY Nov. 05, 2018 ,  3 answers Visitors: 6
Can a bank take funds for offset if the money was withdrawn from a 401k due to financial hardship?

3 Answers

Anonymous
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Posted on / Nov. 05, 2018 12:57:12

They wouldn't be able to take your money, anyway, given that the error was on their part. The commencement of your bankruptcy case strengthens your protections.

Anonymous
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Posted on / Nov. 05, 2018 08:41:29

No. Not unless it happened before the bankruptcy filing or they have received relief from the stay after the filing.

Anonymous
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Posted on / Nov. 05, 2018 08:32:57

Possibly. It depends on the timing of how it came down.

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