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Originally Posted by lennox  you should talk to a Certified Financial Planner. |
Ah... raising my hand sheepishly. I am one of those with 25+ years experience from a CPA background. But I got into my own mess based on what was originally sound decisions.
You can't borrow from an IRA. They have a $400K 401k Plan where you can borrow up to 50% or in their case the lower limit of $50,000.
The IRA/401K is exempt in bankruptcy so its worth trying to save. Just depends on how much may have to deplete to save home and if its worth it or not.