I need to know if this is legal. I went into buy a new car on Saturday 05/19/2012. They did not have the car I....
The first thought that comes to mind is the statute of frauds. U....
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5/23/2012 21:59
by stlmunns |
Notification given by me, with a disinterested witness, that tenant has to return property on or before a spec....
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5/23/2012 19:45
by anothermalandlord |
I work for a nonprofit. They have just announced that each of us must now 'volunteer' at one of our programs o....
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5/23/2012 12:26
by MassWorker |
Hello. My brother was injured in a fall at a store in Massachusetts and the thing ended up in a local small n....
The issue is controlled,or is supposed to be controlled, by the Massac....
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5/22/2012 07:24
by JeromeW |
I am sole guardian for my special needs child. They have visitation with their father. He is not communicating....
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5/21/2012 07:48
by melelllan |
We have been awarded a $200,000 judgement in a probate matter that has gone on for years. The execeutor of my ....
I understand your desire to get a second opinion on this matter. ....
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5/20/2012 16:20
by massconfusion27 |
I received a Summons in the Mail to appear in Court in June for a B & E misdemeanor. I went to the Police Depa....
The answers to your questions are as follows: (1) The police departmen....
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5/19/2012 22:26
by completelyconfused |
The Massachusetts Public Health Council just approved new regulations (105 CMR 309) intended to give healthcar....
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5/18/2012 10:42
by The Editor |
My brother is the power of attorney for my elderly mother. She is demented and often confused about her finan....
Yes, nothing to worry about. The terms Power of Attorney and Att....
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5/14/2012 06:51
by AABates |
Hello. In Massachusetts let’s say I’m paying say $8,000 a year in Child Support to 23. Under the agreemen....
If your Agreement says you should pay child support until the child is....
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5/4/2012 22:18
by divorced_with_children |
Several of my colleagues will dictate consultation notes in which they state they don't have the complete hist....
The question probably boils down to whether or not such practice is wi....
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10/2/2011 18:37
by Anonymous |
401k and bankruptcy
The reason we only offer general information on this site is that most questions that are posted are like yours: The answer is highly dependent upon your situation and facts not presented in the question. However, generally speaking, using a 401k in that situation is not a good idea. Strictly from a long term planning point of view, your 401k is huge part of your financial future. You should do nothing to limit your options or to reduce the tax and planning benefits that come from the 401k. Also, your 401k is exempt, meaning you can keep it even if you file bankruptcy. And if you take money from your 401k prematurely, you may have to pay taxes and a large penalty. Most bankruptcy attorneys offer a free initial consultation. If I were in your shoes, I would discuss your situation with a Massachusetts bankruptcy lawyer who can consider your situation in a more thoughtful and in-depth manner. She will then be able to offer her opinion about your best course of action. Good luck.