Excerpt from Present Law and Issues Relating to the Treatment of Qualified Pension Plans in Personal Bankruptcy When an individual who is a participant in a pension plan de clares personal bankruptcy, the individual's creditors sometimes at tempt to satisfy their claims by seeking assignment of the individ nal's pension benefits. Under the Internal Revenue Code, a pension plan is not tax qualified unless it provides that benefits under the plan may not be assigned or alienated. Nevertheless, a number of bankruptcy courts have ordered plan trustees to pay over benefits to the creditors of a bankrupt plan participant. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.