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| T O P I C R E V I E W |
| m88 |
Posted - 15 June 2009 : 19:01:30
told my pension cant be touched by or if i go br,what happens if i dont go br,will my lumpsum be up for grabs |
| 4 L A T E S T R E P L I E S (Newest First) |
| Niobe |
Posted - 16 June 2009 : 18:36:01
I should have said - if you take it during your BR period!
If you are due to retire before you were discharged, then it probably would be at risk - otherwise, it will be ok.
The glimmer gets brighter all the time
Jan
xx |
| jelojo |
Posted - 16 June 2009 : 18:31:46
hiya
I was told by OR they would not be interested in my Pension unless i was going to cash it in, which is very unlikely as i am only 25. |
| xmas baby |
Posted - 16 June 2009 : 13:42:30
Hi m88,
My pension is inland revenue approved, and I was told this would be 'safe' in bankruptcy and they would not be able to touch it. Not sure about other works' pensions though. I would think private pensions might be a target though.
xmas baby |
| Niobe |
Posted - 15 June 2009 : 19:20:50
Your normal pension will be taken into consideration for an IPA, and I would have thought that a lump sum would be taken by the OR for the creditors.
However, I'm not 100% on that so hopefully someone more in the know will be along to answer.
The glimmer gets brighter all the time
Jan
xx |
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