Bankruptcy – whether income protection payments are exempt because of personal injury

Gittins v Field (Trustee) [2018] FCA 976

The decision by Charlesworth J is a useful reminder that income received by way income protection payments under an insurance policy is not exempt from Div 4B, Pt VI of the Bankruptcy Act 1924 (Cth) because of s 116(2)(g) which excludes money from personal injury.

David Cormack – Brisbane Barrister & Mediator

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