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 bankruptcy postbag for april
 is my personal pension classed as an assett?		  New Topic  Reply to Topic
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frank.w
Junior Member

United Kingdom
170 Posts
Posted - 28 April 2008 :  15:10:11  Show Profile  Reply with Quote
If I declare bankruptcy, is my personal pension classed as an assett?
I am 55 and unemployed

Helpful Advice
Average Member



United Kingdom
646 Posts
Posted - 28 April 2008 :  15:16:04  Show Profile  Visit Helpful Advice's Homepage  Reply with Quote
Hi Frank,

Is your pension or has it been work related, if not is it Inland Revenue approved?

If not then yes it will be classed as an asset in Bankruptcy.


Kind Regards,

Brett England


Bankruptcy Specialist

England,Jackman & Spacey

WebSite www.ejands.co.uk


View my personal story & blogs at:

http://brettengland.blogs.bankruptcyhelp.org.uk/
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melanie_giles
Senior Member



1191 Posts
Posted - 30 April 2008 :  09:54:51  Show Profile  Visit melanie_giles's Homepage  Reply with Quote
It's very rare to see "non-approved" schemes these days - and it is generally accepted that pensions do not form part of the bankruptcy estate.

For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
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