Would my creditors be entitled to my pension

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mye

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Post by mye » Sun Apr 15, 2007 5:14 pm
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Hi,
When I retire my company pension would include a lump sum.
Would my creditors be entitled to this lump sum if my IVA had 1 or 2 years to go before IVA payments completion?
Thanks
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MelanieGiles

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Post by MelanieGiles » Sun Apr 15, 2007 5:16 pm
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Hi mye

Rest assured that your pension is safe from your IVA - unless your proposal provides otherwise. This is unlikely but best to check to be sure.

Will you still be able to afford paying IVA contributions when you have retired?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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.AADD

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Post by .AADD » Mon Apr 16, 2007 11:12 am
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Hi,
Not sure yet, we will be 2yrs over pension age, but with works pension income and lump sum, and our normal pensions, we hope so.

Many thanks,you are being very helpful and ressuring.
font size="" face="" id="quote">quote:<hr height="1" noshade id="quote">Originally posted by MelanieGiles
[br]Hi mye

Rest assured that your pension is safe from your IVA - unless your proposal provides otherwise. This is unlikely but best to check to be sure.

Will you still be able to afford paying IVA contributions when you have retired?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
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