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 My husbands income consists of a War Pension		  New Topic  Reply to Topic
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Jan1
Starting Member



1 Posts
Posted - 30 January 2009 :  06:34:21  Show Profile  Visit Jan1's Homepage  Reply with Quote
My husbands income consists of a War Pension and a Medical Naval Pension. In bankruptcy would these be counted as the War Pension is a State Benefit and the Naval Pension is tax free and given for a medical discharge.

John
New Member



United Kingdom
73 Posts
Posted - 30 January 2009 :  08:09:55  Show Profile  Reply with Quote
Hi

generally pensions, other than personal, are not claimed by the OR in bankruptcy.

However the monthly receipts from the pension would be classed as income when the OR is looking into the possibilty of imposing an IPA.
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