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Pension.

Sammy3008
Sammy3008 Posts: 323 Forumite
in Bankruptcy & living with it
If my OH goes Bankrupt, what happens regards his pension? (He doesn't pay into one at work, but he has an Army pension)
Thanks.

Comments

  • headoutofsand
    headoutofsand Posts: 939 Forumite
    Sammy3008 wrote: »
    If my OH goes Bankrupt, what happens regards his pension? (He doesn't pay into one at work, but he has an Army pension)
    Thanks.


    Holes may be your man for this. I think he had some sort of army pension?
    Better to be poor than a slave to wealth

  • Sammy3008
    Sammy3008 Posts: 323 Forumite
    I know it states about pensions in the details we were sent in the post from the Insolvency people, but didn't see any mention of Army Pensions.
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    As HOOS stated give Holes in my pockets a Pm...i'm sure he's mentioned army pensions etc in past posts

    http://forums.moneysavingexpert.com/member.html?u=109234
    We all die. The goal isn't to live forever, the goal is to create something that will
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    Is it paying out now or if not when does it pay out
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • Sammy3008
    Sammy3008 Posts: 323 Forumite
    debtinfo wrote: »
    Is it paying out now or if not when does it pay out

    No not paying out now, it pays out when OH is 60, so 20 yrs to go yet.
  • JCS1
    JCS1 Posts: 5,341 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Well, as Army Pension will be HMRC approved, it will be exempt from BR estate.

    http://www.insolvency.gov.uk/pdfs/guidanceleafletspdf/pension.pdf
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