Will a iva company take my pension?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1

danny208

User avatar
Posts: 1
Joined: Sat Jan 09, 2021 2:06 pm

Post by danny208 » Sat Jan 09, 2021 2:06 pm
Will a iva company take my pension pot

kallis3

User avatar
Forum Expert
Posts: 76527
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sat Jan 09, 2021 3:12 pm
Are you in an IVA? When is your pension due?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk

Foggy

User avatar
Forum Expert
Posts: 32288
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sat Jan 09, 2021 5:12 pm
Often pension proceeds are excluded --- but you will have to check your proposal to see what was agreed in this respect. If not any sum that you draw down as a cash sum will probably be payable into the IVA, but the pot providing the pension payments will not be touched.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”