bankruptcyhelp.org.uk Forum - Will i be able to continue trading as a going concern ?

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Will i be able to continue trading as a going concern ?

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Diana.le
Starting Member

1 Posts

Posted - 05 November 2011 : 17:02:53

i own my own pub with equity of 150000, my bankruptcy is for 200000 , will they allow me to keep trading as a going concern

debtinfo
forum expert

2826 Posts

Posted - 05 November 2011 : 18:21:56

most likely not, they may appoit an IP to keep the pub running in the short term but make no mistake about it this would effectively mean that he was trading iy not you

Blackie
forum expert

United Kingdom
565 Posts

Posted - 05 November 2011 : 18:36:01

Hi Diana.le

You would also lose your premises licence.

John Blackadder
Bankruptcy365

For help and advice on the easiest and most effective way to a debt free future, please go to www.bankruptcy365.co.uk.

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