| T O P I C R E V I E W |
| Daviddj92 |
Posted - 27 July 2010 : 09:15:43
Hi will i lose my company pension if i go bankrupt i was made redundant in 2009 and have now been put of work due to deppression my iva is due to fail because i can no longer afford to pay it my only income is benefits and i have 2 daughters living with me |
| 6 L A T E S T R E P L I E S (Newest First) |
| Richard P |
Posted - 28 July 2010 : 12:16:16
I believe that the pension is only mentioned if you can draw a lump sum out of it whilst you are bankrupt, if that is the case the OR will want a % for your creditors
The simple option is to call your HR or payrol department and ask them if you can draw a lump sum for say house repairs, if they say NO then your pension should be safe, these schemes are HMRC approved.
If you can get a lump sum then please seek guidance
regards Richard |
| Skippy |
Posted - 28 July 2010 : 11:38:19
My pension was never mentioned and I was able to carry on paying into it.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 30th June 2010 - it's over at last! |
| Worried Woman |
Posted - 28 July 2010 : 10:37:30
The OR told me that my Company pension was safe but that she would inform them of the bankruptcy just in case for some reason it paid out within the next year in which case the OR would take it but if not then it would be left for retirement. Hope that makes sense?
Went Br 20th July 2010...Just the OR to face now then countdown for 1 year...Or interview 30th July. |
| unlucky19582001 |
Posted - 28 July 2010 : 07:02:42
Hi pension due to be paid in another 13 years when i become 65. what is a hmrc pension i know when i joined the company scheme when i was 21 (so long ago) it was instead of a serps pension.
regards
david. |
| gettingoutofdebt |
Posted - 27 July 2010 : 11:47:37
Ignore the above spam post.
When is the company pension due to start to be paid? Is it a HMRC approved pension scheme? |
| bankrupcyus |
Posted - 27 July 2010 : 09:40:19
Spam - post deleted. |
