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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
 Posted - 28 September 2009 : 23:49:06
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Sorry I am not familiar with a health savings plan.
If it can be cashed in then the official receiver has a duty to realise assets for the benefit of thr creditors.
if it is an insurance type plan - with no value - then you are able to continue paying but it is excluded from allowabe expenses for the purposes of an Income Payment Agreement.
Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
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Is a health savings account safe from creditors?
