Will I have to pay my lump sum pension to creditors ?

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Barbara.d

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Post by Barbara.d » Sat Sep 13, 2014 4:08 am
I have a private pension due to mature in March 2015 which I can take as a lump sum of about �3,500. As I will be 1 year and 3 months into a 5 year IVA plan, will I need to use this to pay to my creditors?
 
 

luluj

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Post by luluj » Sat Sep 13, 2014 4:36 am
Welcome to the forum ...... Was your pension release discussed at the outset of your iva and did it form part of your iva proposal to creditors ?
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Michael Peoples

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Post by Michael Peoples » Sat Sep 13, 2014 2:30 pm
This should have been addressed when the proposal was drafted so you need to discuss this with your own IP.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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