Insurance pay put in IVA

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debt attack

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Post by debt attack » Mon Mar 19, 2012 9:49 am
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Hi
I am expecting a compensation payout from my insurers following a car accident.

Does anyone know, do I have to hand this over to my IVA company?

Thanks
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IVA Approved 4th March 2010
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kallis3

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Post by kallis3 » Mon Mar 19, 2012 9:51 am
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Hi,

You need to speak to your IP - I believe you can keep some if it is for pain and suffering but anything else will have to be paid across.
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
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