What would the compensation be for? If for personal injury I believe you may be able to keep it but hopefully one of the experts can reply.
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
Generally you are allowed to retain compensation for pain and suffering, in line with the practice in bankruptcy, but some IP's do have differing views.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Not sure about this but I would email your IVA company and ask what their policy is.
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
This may well come under pain and suffering and we have excluded such claims in the past from former members of the security forces. Your IP may need to take legal advice when they see the award.
