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T O P I C R E V I E W
tigger1231
Posted - 20 March 2009 : 20:36:26 if i was made bankrupt but had annulment can i return back into a partnership
3 L A T E S T R E P L I E S (Newest First)
John
Posted - 20 March 2009 : 23:06:26 Hi
after annulment you can do as you wish. On the declaration of bankruptcy by one partner in a partnership the partnership should be dissolved and the bankrupt continues as a sole trader and must trade under the same trading name.
As long as the bankrupt is no longer trading the non bankrupt partner could continue as a sole trader using the partnerships trading name.
John White England Jackman & Spacey
Sparkle83
Posted - 20 March 2009 : 21:11:09 as far as I knew you were allowed to be part of a prtnership, but if you were then trading under a name not given on BR order, you had to declare that you were BR to whoever you trade with/customers...
Might be wrong however...
Niobe
Posted - 20 March 2009 : 20:49:58 If a bankruptcy is annulled, it is effectively saying that you have never been bankrupt so I imagine that you could.
One of the experts will be along soon to confirm or otherwise.
