All Forums  archive  Forum Questions  I am turning 60 in one month.

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by susan60[/i] [br]I am turning 60 in one month. I have my own business which is very small and failing. I am finding it very difficult to make credit card payments, pay my bank loans, etc. and am pretty sure I will have to go bankrupt. My question is I do have a pension and am about to receive a lump sum in one month's time - it is very small and wont keep me going for too long so I am desperately afraid to have to use it as I will then be really really poor when I get older. I would like to ask my pension fund provider to hold the money - so I will not be totally poor paying bank loans for my failing business. This is within my rights I believe...Do I need to declare this pension when and if I am forced into insolvency???? Particularly if I am not receiving it yet??? And will this affect the small state pension I will start receiving??? Thank you... [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.