mortgage simple definition: Can mortgage company go after 401k?

Can mortgage company go after 401k?

Can mortgage company go after 401k?. Should I Use My 401K To Invest in Real Estate Charlotte Mortgage Lender

Can mortgage company go after 401k? video duration 35 Second(s), published by LawTube on 02 09 2013 - 15:28:38.

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Attorney

. http://ecoastmortgage.com Charlotte mortgage lender Rob Franek goes over the pros and cons of using your 401K to invest in real estate
His mortgage http://ecoastmortgage.com Charlotte mortgage lender Rob Franek goes over the pros and cons of using your 401K to invest in real estate
His mortgage .

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Attorney Tom Olsen is host of the Olsen on Law Radio Show on FM 96.5 WDBO in Orlando. You can reach Tom at 407-423-5561 or tom@lawtube.com. Tom has been answering legal questions on his radio show for 26 years and has been practicing law in Orlando, Florida for over 30 years.

CALL OR TEXT CHRISSY AT 407-808-8398 IF YOU NEED A LAWYER OR ATTORNEY IN CENTRAL FLORIDA INCLUDING ORLANDO, WINTER PARK, WINDERMERE, DAYTONA BEACH, THE VILLAGES, MELBOURNE, ALTAMONTE, LAKE MARY, LONGWOOD, COLLEGE PARK, BAY HILL, OVIEDO, SANFORD, DELAND, DEBARY, DELTONA, LEESBURG, CLERMONT, THORTON PARK, BALDWIN PARK, PONCE INLET, NEW SYMNRA, ORMOND BEACH, ST. AUGUSTINE, KISSIMMEE.

Trebian: They just stopped bidding mortgage on my house, and I have 401k, and I want to know, if the bank will try to go off for my 401k.

Attorney Tom Olsen: Here’s the good news, Trebian. If you get sued by your mortgage lender, or you have a terrible automobile accident, or you work up a million dollars of medical bills, or you file for bankruptcy, your 401k is protected from all those things. That 401k is yours and no creditors going to be able to go after it.

Trebian: Thank you.

Attorney Tom Olsen: All right, Trebian. Good luck.

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