I read this. Thank you. But I am still not clear on whether I am required to pay the balance due. The FAQ you referred to states,
"A plan may provide that if a loan is not repaid, your account balance can be reduced or offset by the unpaid portion of the loan."
But as I stated before I rolled the funds into a IRA so there's nothing left to off set the balance due. So I guess my specific question is in addition to the taxes and penalties does the actual loan balance have to be repaid?
