If I understand your question correctly, you are wondering whether a 301 redirect will pass any link juice without passing the penalty at the same time.
Well, I'm sorry to tell you but 301 redirects won't save you. The penalty can indeed follow the redirect into your new URL.
However, if your URL recovers in rankings after the penalty expires (it usually takes a few years), it should be completely safe to redirect it to a new destination.
Hope this answers your question.