I want to cash a pension in to buy a needed car

Get expert opinion. This is the place for new questions to be posted.
7 posts Page 1 of 1
User avatar
chris436
Posts: 4
by chris436 » Wed Sep 13, 2017 5:44 am
I have just completed my iva I want to cash a pension in to buy a needed car for my work, I have not had completion cert yet can I do this or have to wait?
User avatar
Foggy
Forum Expert
Posts: 23906
Contact
by Foggy » Wed Sep 13, 2017 6:39 am
I would wait -- until you get signed off you are still bound by the IVA and the lump sum could be grabbed as a windfall. Who are you with -- it shouldn't take too long, hopefully.
User avatar
chris436
Posts: 4
by chris436 » Wed Sep 13, 2017 6:52 am
Freeman jones
User avatar
Foggy
Forum Expert
Posts: 23906
Contact
by Foggy » Wed Sep 13, 2017 6:56 am
FJ are normally quite good at getting the final papers out these days, so you shouldn't have too long a wait if all goes smoothly.
User avatar
chris436
Posts: 4
by chris436 » Wed Sep 13, 2017 7:47 am
After my final papers can i go ahead and not worry about anyone trying to claim money off me
User avatar
Lisa Thomas
Industry Expert
Posts: 5996
Contact
by Lisa Thomas » Wed Sep 13, 2017 8:35 am
Yes once you have your CC.
User avatar
Foggy
Forum Expert
Posts: 23906
Contact
by Foggy » Wed Sep 13, 2017 8:57 am
As Lisa says, yes ... the certificate of completion, albeit a scrappy sheet of paper that says very little, is the Holy Grail! When you get it, be sure to keep copies (just in case).
7 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 12 guests