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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by pattie x[/i] [br]Hi When my husband telephoned Co Op bank regarding opening basic account, he said he was being made bankrupt and a sole trader, she told him she would put him through to business department, before he could object, found himself talking to a guy who said, if he was sole trader and had cheques paid in not from employer but customers, Co Op may shut him down, as it is not for business use. I told my husband that other sole traders do use this and I telephoned Barclays and said my husband self employed (no difference I think) and was told should be ok. Not one of them would say if to do it before or after bankruptsy. Husband now has bad back and would like to get another self employed person to help with heavy digging etc (builder). Someone has suggested that I should have a ltd Company and employ my husband and one extra man Have accountant, I would then have more control (lost my home because of business). I am very involved with the business arranging planning/surveyors and building control visits etc. Do not want the OR to think doing anything underhand as my husband will show all old accounts but the restrictions for Public Liability Insurance, Deposits we ask for materials costs to be to be paid on order, so that we can pay for everything needed on site. Thinking they may not allow us to do this. This week we had to pay upfront for steel beams for loft conversion which were £3,000 insisited upon by Engineer and Building Control. We dont really want to tell our customers that my husband is bankrupt. So: Bank accounts before after? Sole Trader paying in customers cheques? Ltd Company? Head about to explode. Any advice appriciated Pattie x [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.