Does anyone know how an IP views compensation for a claim for injury? I am possibly about to receive compensation for a hair claim made 2 years ago from a hairdresser ruining my hair and causing my hair and scalp to be burnt. Are we allowed to keep any of it?
You will need to inform your IP about it but usually, if it's for pain and suffering you will be allowed to keep it.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
As mentioned above, most ( but not all) IPs treat this in the same way as they would in bankruptcy in that compensation for pain and suffering ( and it has to be described as such) is allowed to be kept. Anything else will go into the IVA.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Thank you. I sent the IP an email last week but got an out of office so thought I would ask on here. It would be so good if we could as my sofa has fallen apart and its so embarrassing as we have to have special needs tutors at the house, also trying to set my husband up in the garage to be able to work from home so I can continue working