I loaned a friend money

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MelanieGiles

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Post by MelanieGiles » Mon Apr 05, 2010 3:20 pm
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Under bankruptcy rulings, compensation for personal injury is generally exempt from being claimed, but if it is for loss of earnings this would be deemed to be an after-acquired asset and thus payable to the Trustee.

The same rulings are generally adopted under IVA proceedings.
Regards, Melanie Giles, Insolvency Practitioner
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