Guest Garynova Posted January 6, 1999 Posted January 6, 1999 I was wondering if anyone had information on getting a loan from a profit sharing plan that is in the process of being terminated. Our company has been bought out, and the new company is in control of it. It still has the same administrator, but nobody seems to know whether or not I can get a loan from it for the downpayment on a principal residence. It has been sitting idle since December of 1998. Can anyone help me?
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