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الجمعة، 7 أكتوبر 2016

Landmark pension ruling protects bankrupts' pensions

The Court of Appeal has today rejected a case which could have forced people facing bankruptcy to cash in their pensions to pay off their debts.

The Court of Appeal has today rejected a case which could have forced people facing bankruptcy to cash in their pensions to pay off their debts.

The case – Horton v Henry – looked at whether undrawn pensions were subject to Income Payments Orders, which compel bankrupt individuals to pay a proportion of their income towards their outstanding debts.

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