bankruptcy

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kpw

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Post by kpw » Wed Jul 30, 2008 10:29 pm
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if you are a distarged bankrupt and waiting for a compensation payment following a car accident would all the compensation have to be paid to official Receiver re bankruptcy
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MelanieGiles

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Post by MelanieGiles » Thu Jul 31, 2008 12:00 am
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If you are discharged, then you would not have to pay any of the money over to the Official Receiver.
Regards, Melanie Giles, Insolvency Practitioner
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Skippy

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Post by Skippy » Thu Jul 31, 2008 10:02 am
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Would it make any difference when the accident happened Melanie? If the accident happened (or the claim was initiated) before discharge would the OR then have a claim?
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MelanieGiles

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Post by MelanieGiles » Thu Jul 31, 2008 12:29 pm
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Personal injury claims are generally exempt from bankruptcy proceedings in any case, but if the claim was for something different then it might be captured at the time of the bankruptcy order depending on circumstances - so you make a good point Skippy.

How is Lyme Regis - and is Dave better?
Regards, Melanie Giles, Insolvency Practitioner
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