also why is that all IVA IP's do not have to have a set standard for terms and conditions, as in this forum I have found different answers to different people regarding personal injury compensation.

Thanks

SO even though the monies is to be used to have surgery's which I need and the possiblilty that I could be out of work on the open labour market, they can legally take this money? so my surgery would not get done, which would impose even more on my life and career, as i would never be able to gain t...

Again thanks for this. But as stated this compensation includes, payment for being put on the open labour market due to injury and for future surgery's. Is there no way i can offer this compensation to get myself out of the IVA? Is there anywhere i can go for advice on this? instead of asking my IP....

Thanks for the reply, i will ask them, but have a horrible feeling they will want the money..

Hi all again. I have been made an offer for my compensation of around 24k, final figure not finalised yet as this involves open labour market, and future surgery costs as well. And really need to know if this is classed as a Windfall??? ( the stress of an IVA ;( ) I really want to use some of this t...

Thanks for the answer.

When you say ORIGINAL debt, does this mean what I owed before the IVA or what i owe within the IVA Debt?

Does this mean if it is classed as a windfall, then the payment if enough the clear the IVA it can be?

Or my IP takes this and i carry on paying for the remainder of the IVA?

Hi, Thanks for all coming back so quick. I am not a property owner. Taking off my Payments of 18mths, i actually have about 17k outstanding on the IVA balance. My original debt was 53k and this was taken down to around £24600, i pay about £410 per month. Also does Personal Injury Compensation class ...

Hi,

Does Personal Injury Compensation count as a Windfall?

Thankyou

I am expecting a Personal Accident Payout, Compensation from a work accident.
Will my IVA take 50% of this as the do with other extra income?