Matthew Moore
Registered User
- Messages
- 286
It's 6 months of hell in the UK, as opposed to 1 and half years. I returned after 6 months and there wasn't a problem. Of course, there is the one year discharge period after bankruptcy - but that can be spent in Ireland.
Hi Michael,
Yes, I have completed almost a year.
Curate's egg but probably more good than bad experience.
Be very careful of one area.
Pensions.
Despite most commentators saying pensions are safe under the new legislation this simply isn't the case and the OA will sell your pension for whatever crap surrender price he can get fully taxed at age 50
I am currently writing to a number of TDs and Senators who were very engaged in drafting with a view to having this overturned.
It was never the intention or spirit of the new legislation to have done this and one TD has admitted he had never spotted the small section that allows the pension to be seized if you are over 47 years old when made bankrupt and called it "sneaky"
I am very new to this forum so maybe PM initially.
I posted what I thought was an important question on positive equity a month ago which is absolutely vital to me but didn't get a single reply so a little reticent now.
Hi I was just wondering does this apply to all pensions both private and public sector pension?Hi Michael,
Yes, I have completed almost a year.
Curate's egg but probably more good than bad experience.
Be very careful of one area.
Pensions.
Despite most commentators saying pensions are safe under the new legislation this simply isn't the case and the OA will sell your pension for whatever crap surrender price he can get fully taxed at age 50
I am currently writing to a number of TDs and Senators who were very engaged in drafting with a view to having this overturned.
It was never the intention or spirit of the new legislation to have done this and one TD has admitted he had never spotted the small section that allows the pension to be seized if you are over 47 years old when made bankrupt and called it "sneaky"
I am very new to this forum so maybe PM initially.
I posted what I thought was an important question on positive equity a month ago which is absolutely vital to me but didn't get a single reply so a little reticent now.
Hi Nick
I successfully petitioned for bankruptcy in the UK and am willing to answer questions.
It's 6 months of hell in the UK, as opposed to 1 and half years. I returned after 6 months and there wasn't a problem. Of course, there is the one year discharge period after bankruptcy - but that can be spent in Ireland.
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