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Lump Sum
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Hi, looking for some advice.
I have a very small pension pot worth less than £2,000 as a lump sum when I turn 55 in a couple of months and was thinking of simply cashing it in as I already have two decent Occ pots.
My question is, I was made bankrupt in early 2000s, being discharged in 2007, so there is nothing on my credit file. Can the administrator still take any cash I claim even after all this time? I know people lost out with PPI because of a previous bankruptcy or sequestration.
BTW I was made bankrupt in Scotland if that makes any difference.
Cheers
I have a very small pension pot worth less than £2,000 as a lump sum when I turn 55 in a couple of months and was thinking of simply cashing it in as I already have two decent Occ pots.
My question is, I was made bankrupt in early 2000s, being discharged in 2007, so there is nothing on my credit file. Can the administrator still take any cash I claim even after all this time? I know people lost out with PPI because of a previous bankruptcy or sequestration.
BTW I was made bankrupt in Scotland if that makes any difference.
Cheers
0
Comments
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@kemimath better off asking in the bankruptcy or pension sections.
This is for local money saving tips.Mortgage started 2020, aiming to clear 31/12/2029.0
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