Need answers pertaining to foreclosure & 401k
Our home is in Foreclosure. We previously borrowed money from husbands 401k, but were unable to keep up with payments due to income & career change. I recently started a new job. We would like to take out funds again from 401k to restructure but were told husband would have to quit job in order to receive money because of our failure to repay first 401k loan . We really would like to keep our home and feel confident that we can re group if given the chance . Any suggestions ? Some one recommmended we file for chapter 13, is it to late ?