Ref: IVA's, does getting compensation for a personal injury come under the "windfall" clause?
Answers:
Hi Andy,
I believe that it may be exempt although I would speak with your supervisor directly. There is a section of the Myvesta site where an Insolvency Practitioner will answer any technical IVA questions. Let me paste the link for you below.
http://myvesta.org.uk/forum/bankruptcy-t.
Hope this helps!
Regards
Sean
mmmm difficult one. in my eyes no! you have won that money as compensation for an injuries you sustained and any losses you may have due to the injury. however you creditors might not be so nice. ask the people you are conducting your iva through or keep your mouth shut.
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