Further Guidance on Income Payment Orders: Pensions and bankruptcy -...

Further Guidance on Income Payment Orders: Pensions and bankruptcy
Lexology (registration)
Under s.310 of the Insolvency Act 1986 (the “Act”), a trustee in bankruptcy can apply for an income payments order (“IPO”) requiring a bankrupt to make regular payments from their income to the bankruptcy estate. Under s.310(7) of the Act, a bankrupt's ...