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T O P I C R E V I E W
ness14
Posted - 29 August 2008 : 12:00:36 If I have deferred my pension can any money be taken from the lump sum I might receive when I take my pension
3 L A T E S T R E P L I E S (Newest First)
Helpful Advice
Posted - 29 August 2008 : 17:56:17 Hi Ness,
If your pension is work related or Inland Revenue approved then your pension will not form part of the assets within your Bankruptcy unless the lump sum were to materialize during your term as an undischarged Bankrupt
this is a complicated issue and the answer will depend upon what type of pension it is, how old you are and did you ( in the official receivers eyes ) try to put the pension out of reach of the OR by defering it.
really would suggest you have a chat with an expert so they can go through this for you.
Paul Johns Assisted Bankruptcy Specialists Reviva UK www.revivauk.com
debtfreejo
Posted - 29 August 2008 : 12:13:04 Hi and welcome Ness,
Im not too sure on that one, when were you thinking about going BR? Have you done it yet? Maybe one of our experts can offer more advice on that one for you. Take care and good luck :) Jo
