david708 wrote:i am about to go into an iva
i also have a personal injury claim ongoing
will this money be put into iva if for pain and suffering
Personal injury claims are not catered for, specifically, under the IVA terms and Conditions. However, in bankruptcy, compensation for pain and suffering is allowed to be retained and most IP's follow the same reasoning in an IVA -- however, some do not. Only your own IP can tell you which way they are going to jump.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk