Hi, I pay into a tesco pension its not worth much maybe few hundred but am waiting for details through the post. My question is will my pension be stopped while bankrupt and can it be taken off me? also if by the time i present my petition, will it matter if i havnt recieved details of pension through the post yet?
Hi Anna, your pension won't form part of the bankruptcy estate, as long as it is what's known as inland revenue approved, it won't be touched. The OR may write to the pension provider to confirm this, but it's nothing to worry about.
Big Al Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"