Bankruptcy Court Allows Exemption of Pre-petition Disbursement from 401k

Bankruptcy Court Allows Exemption of Pre-petition Disbursement from 401k

The Bankruptcy Court for the Eastern District of Louisiana recently reviewed an interesting case where the debtor’s pre-petition 401k disbursement was held by a state taxing agency. See In re Bostick, No. 18-10069 (Bankr. E.D.LA. Feb. 1, 2019). The court determined whether the money returned from the state was a tax refund or an exempt asset.

Log In to READ MORE

Please note, in order to view NACBA Member Content, you must sign in and then visit NEWS. If you are not a NACBA member, you may Become a NACBA Member 

No Comments

Post a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.