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-   -   401k Loan and Bkry (https://www.askmehelpdesk.com/showthread.php?t=319147)

  • Feb 18, 2009, 06:09 PM
    kjsnedd
    401k Loan and Bkry
    Over 90 days prior to filing bkry, I was able to pay off a 401k loan in order to refinance the loan and lower payments and then took out another loan the next day. Is this considered preferential? Does anyone have any case law that would support that this "refinance" was not a preferential payment to a creditor?

    Thank you in advance for your help.
  • Feb 18, 2009, 09:08 PM
    George_1950

    Can not answer you directly, but I am curious as to whether you are considering Chapter 7 or 13?
  • Feb 19, 2009, 06:57 AM
    kjsnedd
    Chapter 7 has been filed; this is an issue that has come up after the 341 meeting

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