Page 1 of 2
Posted: Sat May 19, 2012 8:34 pm
by David.dp
Hello,
I've been in a 5 year IVA since September 2010, I recently receives compensation through CRIMINAL INJURY COMPENSATION AUTHORITY it was for a serious assault that happened to me at work.
Are the IVA company allowed to take this money from me for my creditors?
Regards David
Posted: Sat May 19, 2012 8:43 pm
by Niobe
Hello David
Not sure about how you stand with this compensation - you need to speak to your IP about your conpensation, It will depend upon what your agreement says.
Posted: Sat May 19, 2012 9:58 pm
by Broke of London
It all depends on your proposal.
The pain and suffering element of compensation can usually be kpt but proposals do very on this point. Have a chat to your IP and see what they advise.
K
Posted: Sun May 20, 2012 2:53 am
by Shining
Hi and welcome to the forum. Your IP is best placed to give case specific advice. Do contact them and they'll give a definitive answer. x
Posted: Sun May 20, 2012 3:32 pm
by Broke of London
It would be good to hear how you get on as the outcome will help other forum member facing a similar situation. Good luck x
Posted: Sun May 20, 2012 4:42 pm
by David.dp
Thank you for the advice. My IP currently has no idea where I stand with it. I will let you know how it goes.
Posted: Sun May 20, 2012 4:51 pm
by Niobe
Have you actually checked with the IP directly or just the office staff? Your IP should be able to tell you - insist on speaking to them.
Posted: Wed May 23, 2012 9:34 am
by David.dp
Hi all,
Great news just spoken to IP and I'm allowed to keep the whole amount awarded! But as stated in my insolvency package there are rules. Am not allowed to buy anything big like a car it house deposit, it has to be used to help make my life easier.
Thank you all for your advice
Posted: Wed May 23, 2012 10:03 am
by vimto1029
Brilliant news David, surely a holiday would make your life easier
x
Posted: Thu May 24, 2012 1:05 am
by MelanieGiles
I wonder how your IP intends to police that David! I agree with the decision, just think that you have been quoted terms that would be difficult to insist on, given that the payment falls outside the scope of the IVA.
Posted: Thu May 24, 2012 8:35 am
by footiemad
Great news David x
Posted: Thu May 24, 2012 6:59 pm
by David.dp
Melanie, I was thinking the same, the only way I could think was when my review is due in September ask for my bank statements.... is that allowed?
Posted: Thu May 24, 2012 7:06 pm
by KAYKAY
Bank statements can be requested, we had to provide bank statements at all of our reviews.... a holiday for rest & recouperation sounds like it would make your life easier. Congratulations on being able to keep your compensation.
Posted: Fri May 25, 2012 12:48 am
by MelanieGiles
They can ask you for your bank statements - but having given you the red light to keep the money, it is rather ineffective of them to then want to investigate how you have spent it!
Posted: Fri May 25, 2012 11:04 am
by Shining
Great news on being able to retain the money. Hope whatever you choose to spend it on does make your life a little easier. x