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bpuharic wrote:
On Tue, 20 Jul 2010 22:27:41 -0400, wrote: wrote in message ... On Tue, 20 Jul 2010 19:06:17 -0400, wrote: bpuharic wrote: On Tue, 20 Jul 2010 05:03:58 -0400, "Charles C." go ahead and try to get a loan using your 401K as collateral see what happens CC When would any lender accept a 401K account as collateral? since it's a standard part of a loan applcation. that's when been renting all your life, i see I may be wrong but I believe 401Ks are untouchable in bankruptcy proceedings. You may have to list them on a loan app but they are untouchable to a loan holder. unless, of course, you're able to waive that...which many middle class people did since it was a source of wealth that the rich wanted to get their greedy hands on. WTF? |
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