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 Can creditors take retirement lump sum ?		  New Topic  Reply to Topic
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Michael.lk
Starting Member



1 Posts
Posted - 28 March 2012 :  10:10:25  Show Profile  Visit Michael.lk's Homepage  Reply with Quote
I am on an IVA debt plan.
I am due to retire shortly and due a lump sum. Can the creditors take the money ?

Viki.W
forum expert



United Kingdom
2211 Posts
Posted - 28 March 2012 :  10:58:04  Show Profile  Reply with Quote
If it's an IVA, then this should have been discussed in detail with your insolvency practitioner and factored into your IVA.

If not, you need to contact them as soon as possible.



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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