You could, but it's probably easier to roll the old 401K into the new company plan.

Shamrock, there is such a market for reclaimed and salvage materials right now--I bet you made a killing doing that.

I am no financial genius, but I can tell you that I've read a couple books on the topic and they recommend that you do the 401K stuff and while you're doing it, start making substantial payments to your credit card debt and once the credit cards are paid off, take the money that you were paying to them and add it to your car payment and once your car payment is paid off, add the money that you were paying on the car payment to the money you were paying on the credit cards and put the whole amount to your mortgage. Supposedly you eventually run out of things to pay off and then you have your whole income to yourself minus taxes.