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Compensation

Posted: Sat Nov 23, 2019 10:49 pm
by Debtbuster
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?

Re: Compensation

Posted: Sun Nov 24, 2019 9:25 am
by Marty171
I would speak to your IP, some IP's let you keep the money if its for personal injury compensation, some don't.

They will inevitably find out one way or another in the future.

I'd give them a call and ask and hopefully you're able to keep it

Re: Compensation

Posted: Sun Nov 24, 2019 10:14 am
by kallis3
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.

Re: Compensation

Posted: Sun Nov 24, 2019 10:20 am
by Foggy
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.

Re: Compensation

Posted: Sun Nov 24, 2019 12:28 pm
by Debtbuster
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