Tag Archive: 401(k)

401(k) Withdrawal Is Income for Means Test

Posted on January 4, 2010 by Jill Michaux, Topeka Consumer Bankruptcy Attorney

401(K) DISBURSEMENT PRE PETITION IS CURRENT MONTHLY INCOME BUT NOT PROJECTED DISPOSBLE INCOME In re DeThample, Case No 07-11829 July 5, 2008, Judge Nugent Under 1325(b)(1)(B), a singular, one time disbursement is “income” for purposes of determining Current Monthly Income (CMI), but followed Judge Karlin’s

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in Court Rulings, Means Test.