Lump sum IVA

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Leo

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Joined: Sat Jan 20, 2018 12:12 pm

Post by Leo » Fri Feb 16, 2018 5:12 pm
My lump sum offer has been acepted . The only clause i had was if I recieve ppi payment plus some cluuses regarding iva fee. If I receive compensation regarding a previous accident. Would that be included or i can keep it?

Many thanks for your help

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Fri Feb 16, 2018 5:26 pm
The PPI and fees alterations are pretty much standard. As for insurance compensation --- you would have to confirm with your IP ( and get it in writing) but most let you keep compensation for pain and suffering -- anything else they pay to creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/
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