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Will I lose my pension - Bankruptcy UK

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Will I lose my pension

As of January 2015, pensions are ‘ring-posted’ in bankruptcy and do not form part of the bankruptcy, provided they are HMRC approved. There was a recent move by the Insolvency Service to force those approaching pensionable age i.e. 55 to draw down their pensions to settle part or all of the debt, but this was rejected by the High Court.

 

Bankruptcy UK

Bankruptcy UK