Personal injury

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Aisha
Posts: 27
by Aisha » Tue Sep 18, 2018 12:11 pm
Hello everyone, just wantedabit of advice in regards to what money will have to be paid into an iva when my personal injury claim is settled.
I didnt claim for loss of earnings all i claimed for was personal injury.
Is personal injury classed as pain and suffering?
I have read online you only have to pay towards the iva if you claimed loss of earnings. Is this correct?

Thank you
User avatar
Foggy
Forum Expert
Posts: 27073
Contact
by Foggy » Tue Sep 18, 2018 12:41 pm
Insurance payments are not defined in IVA terms and conditions, but IP's tend to follow the practice as in bankruptcy. So, how your own IP will treat the compensation is down to them. Those that follow the BR procedures (as most do) will allow you to retain compensation for "Pain and Suffering" and, generally, it has to be described as such by the paying body. "Personal Injury" is open to interpretation and, whereas I might class this as a pain and suffering payment, others might not.

You do need to have a chat with your IP.
Aisha
Posts: 27
by Aisha » Tue Sep 18, 2018 6:22 pm
I have spoken to the caseworker and she has said payment for pain an suffering i can retain. Anything for loss of earnings i have to pay into the iva.
I just need to provide a breakdown of my claim to the them. They are in touch with my solicitors to obtain all the information that is required.
Thank you for your help
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 15 guests