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 Would I lose private pension if I go bankrupt ?		  New Topic  Reply to Topic
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Brian.hs
Starting Member



1 Posts
Posted - 11 April 2011 :  13:58:53  Show Profile  Visit Brian.hs's Homepage  Reply with Quote
i have a private pension would i lose this if i go bankrupt

Niobe
Administrator



United Kingdom
4590 Posts
Posted - 11 April 2011 :  16:48:32  Show Profile  Reply with Quote
Hi Brian and welcome to the forum.

I've no idea about this, hopefully one of the experts will be on later to advise.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx
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Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 11 April 2011 :  22:19:17  Show Profile  Reply with Quote
HMRC approved pensions are not at risk in bankruptcy but if you are receiving a payment then it is classed as income.





Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Housing
Senior Member



United Kingdom
1399 Posts
Posted - 12 April 2011 :  14:23:53  Show Profile  Reply with Quote
Hi

Cannot add to this really - just some comfort, I retained my pensions...

Should be fine, Richard

quote:
Originally posted by Viki.W

HMRC approved pensions are not at risk in bankruptcy but if you are receiving a payment then it is classed as income.





Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/


"There are no problems - only solutions"
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