rising bankruptcy risks for uninsured drivers

 

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The Motor Insurers’ Bureau (MIB) has been established for over 60 years to help compensate individuals injured by negligent and uninsured drivers who cannot be traced.  Where it becomes involved in a case and drivers are traced, the MIB is committed to recovering the costs of its involvement where possible.

 

Two important cases were decided late in 2006 which could see the number of bankruptcies among uninsured drivers on the rise.  These cases concerned uninsured drivers who were ordered to pay costs amounting to several thousands of pounds and more and who became subject to bankruptcy orders.

 

Of the MIB’s approach, its Recovery Manager, Michael Williams said: "Our first objective when handling a case is to ensure that the victims are properly compensated. However, the recent bankruptcy orders highlight our determination to pursue uninsured drivers and force them to pay for the consequences of their recklessness".

 

For further information please contact Alison McClure in the Personal Injury team on 023 8085 7345 or email alison.mcclure@bllaw.co.uk