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 Will bankruptcy affect business bank account ?

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T O P I C    R E V I E W
Ian.65 Posted - 23 September 2010 : 23:08:47
Hi I have been advised that I go bankrupt-however I have just set up a small business(6 months after redundancy trying to get on my feet) with a business bank account will this be affected
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Reviva UK Posted - 24 September 2010 : 22:24:30
Hi
As a sole trader br is different than if you were employed.

You can continue as a sole trader but would need to continue in br in the same trading name as before br. This is the tricky bit with a bank account.
It is highly unlikely that you will be allowed by the bank to have a separate business account.

You should also take advice about stock, premises, commercial insurance, taking deposits etc etc.

Really worth you having a phone call with one of the experts to go through your options.

Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
08454 751 851

Real People ..... Real Debt Solutions
Ian.65 Posted - 24 September 2010 : 20:54:54
Personal BR and I am opperating as a sole trader. Thanks in advance

gettingoutofdebt Posted - 24 September 2010 : 07:03:16
Is this a business BR or personal BR? Is the business a Ltd company?

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