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After Being Discharged From Bankruptcy Can They Take My Pension?
Question:
My husband & I went bankrupt in 1992. we were discharged in 1996. My husband paid into a Prudential pension for a couple of years before this and now it’s due to mature. The Prudential say the receivers are interested in this and will take some or all of it. Is this right as it’s only about £600.00 per year?
Answer:
To our knowledge once a bankruptcy has been discharged it is over and the Official Receiver cannot go after any assets, unless they have placed an interest in them prior; which for most pensions they would not do this.
Also, in some of the older bankruptcies, the OR may place a claim or interest, but there was a statute of time for them to act on this.
You may want to see what documentation Prudential has and also if need be inquire with the OR or a solicitor.
Thank you for letting me help you.
Jon
If you have a bankruptcy question you’d like to ask, just ask using this online form. All help is free.
Source: After Being Discharged From Bankruptcy Can They Take My Pension?