[Publius6961]

I don’t think your house can be seized either so it is not a good arguement...............

A distinction without a difference.
Sure it can't be seized on account of bankruptcy but, if you can't pay the mortgage, the bank can repossess.

So what's the difference?

[PeterPrinciple]

So what's the difference?

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The discussion was using the money to pay off house mtg. Argument against it was that money was protected in 401k from bankruptcy. It is also protected in house equity.

In bankruptcy, your equity is protected and you can reaffirm your home mortgage and discharge other debt. These are current rules but under socialism, all bets are off.