police pension payments

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anais743

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Post by anais743 » Thu Jan 31, 2008 7:14 pm
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Would I have to give up my pension payments if i entered into an IVA? I am on an interest only mortgage and the lump sum I receive when i retire would cover by mortgage debt.

If i had to opt out of my pension then an IVA would not be option for me.
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MelanieGiles

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Post by MelanieGiles » Thu Jan 31, 2008 8:08 pm
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Creditors may ask you to take a pensions holiday during the IVA period, but I rarely see them attacking occupational pensions to be honest.
Regards, Melanie Giles, Insolvency Practitioner
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anais743

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Post by anais743 » Thu Jan 31, 2008 8:47 pm
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thats good news x
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