Given the recent economic turmoil and the toll this has taken on everyday people we often get enquiries from people who have financial troubles or have been declared bankrupt. In some cases we even hear from people who have incurred a personal injury which has been so severe, perhaps requiring expensive medication and treatments and preventing them from working, that one of the repercussions has been bankruptcy.
Thus one of the questions we are often asked at Accident Advice Helpline is “Can I keep money from a personal injury claim if I am discharged bankrupt?’
Below we attempt to help answer this increasingly common question.
Personal Injury Compensation and Bankruptcy
If you are discharged bankrupt and you are awarded compensation for a personal injury claim you will not have to give up this money. We would recommend that you declare any money that you receive in the form of compensation as it is always best to be open and honest about financial matters in order to avoid any further problems or penalties. However, there is no reason why you should not be allowed to keep this money.
Therefore in answer to the question ‘can I keep money from a personal injury claim if I am discharged bankrupt?’, we can tell you that yes you can keep the money so why not contact us now and begin the process of claiming? Such an award could perhaps help alleviate your financial difficulties.
Pursuing Compensation with Accident Advice Helpline
Accident Advice Helpline boasts over 15 years’ experience and is one of the leading personal injury service providers in the industry. Further testaments to our stellar reputation include the fact that we are endorsed by the highly trusted people’s champion Esther Rantzan.
So if you choose to claim with us you could not be in safer hands.
We also have an team of expert solicitors ready to take your claim and negotiate the best compensation possible. If this cannot be settled out of court, Accident Advice Helpline’s solicitors will be more than happy to go to court for you and handle the case until it is finalised.
Perhaps you are still seeking further information. For answers to questions like ‘can I keep money from a personal injury claim if I am discharged bankrupt?’, or anything else you can contact us directly on the freephone number 0800 689 0500. Or call 0333 500 0993 from a mobile. One of our friendly and knowledgeable advisors will be more than happy to provide you with any relevant information.
Category: Personal injury claims