Protect Pension Fund From Old Debt

I am currently paying off some old debts which are over 6 years old.I am soon to be able to access my pension fund which is not that big but I intend to put it to good use by buying a franchise which should enable me eventually to clear all debts and provide a good income in the future.My concern is that companies that you owe money to can apply to the courts to freeze your bank account and should this happen at the time my pension fund is released could see it all swallowed up by paying the debts off and my future plans in ruins.I know the chances are very low that this would happen but you just never know.
I am setting the Franchise up as a Limited Company which I believe seperates the business from personal debts and assets.Is this correct??My main concern is where to put the pension money,I have a normal current account with one bank and a savings account with another both in my name only which would be susceptible or do I put it into the business account even though I will only be using about a third of the money for the business and are there tax implications if I do?
Would be grateful if someone can answer my queries or at least advise me on who to speak to to get good advice.
Thanks in Advance
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