Recent content by JoeShmoe

Regarding 401K Joe Shmoe From Pa What happened with me is I fought it like a dog.. Basically you can continue paying on the 401 k if continuing to pay the loan gets your creditors more money. What they do is take 100% minus the tax liability under your plan. ex. you owe 30,000.00. Tax...

Smkat The big change I understand is they want to push Chapter 7's up to Chapter 13's.. And collect at least 100 per month for 60 months. You will have to meet tougher criteria for a chapter 7 under the new law than if you file now. I Also believe the only way you will get less than a 60...

From Pa If someone steals that info from you and uses those numbers for fraud can you affford the Lawsuits? You will most likely be held liable for the protection of that information. I would check with a lawyer before trying anything like that. Read the news, some companies are paying out...

From Pa 401 K's are exempt :) However 401 K loan payments are not. If you have a Loan they will want you to quit paying and put that money towards your plan. It's considered disposable income. However you can pay a 401 k back if you opt for a 36 to 60 month plan @ 100% minus the taxes you...