Pension lump sum after discharge

Moneywhizz

I have a friend who was discharged from sequestration in Scotland over two years ago. She is now eligible to draw a pension lump sum and income but is worried that this will be taken by the Accountant in Bankruptcy. She did not pay any contributions during her sequestration because she was on benefits. She called the AIB to ask for advice and was told that they couldn't comment and that she was asking the wrong question? Not too sure what that meant but also cannot find anything on the AIB website to clarify whether she still has to report this new income to the AIB.

sourcrates

After discharge, I believe the OR no longer has any claim on your assets.
Different rules apply to property, dependent on available equity, but as far as I am aware the pension should be safe, however the rules may differ in Scotland.
National Debtline Scotland will be able to advise.