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 when the bankrupcy is over can i set up a company
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jane8
Starting Member



1 Posts

Posted - 14 November 2008 :  18:32:00  Show Profile  Visit jane8's Homepage  Reply with Quote
when the bankrupcy is over can i set up a company or a limited company

pjm
Starting Member

United Kingdom
30 Posts

Posted - 14 November 2008 :  18:44:26  Show Profile  Reply with Quote
As a company (self employed yes)
LTD companies are a different matter, don't think you can be a director or certanly not with out approval. Think you can be a company secretary but thats about it. However i am sure someone on here with better experience will be able to answer.
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debtrider
Junior Member

494 Posts

Posted - 14 November 2008 :  20:55:25  Show Profile  Reply with Quote
Hello Jane8

You can still be self employed as a Sole Trader when you are bankrupt and don't have to wait until you are discharged, but not a LTD one.

All the best

Debtrider
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debtrider
Junior Member

494 Posts

Posted - 14 November 2008 :  21:04:36  Show Profile  Reply with Quote
Hello Jane8

I don't think there's anything stopping you from running a LTD company when discharged although if you were subject to a BRO/BRU then this may stop you. Maybe one the experts will be able help you out on this one.

All the best

Debtrider
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John
New Member



United Kingdom
73 Posts

Posted - 15 November 2008 :  13:59:15  Show Profile  Reply with Quote
Hi

you may carry on asa sole trader whilst in bankruptcy and of course after discharge and again if you are subject to a BRU/BRO.

To be a director of a limited company you must first be discharged from bankruptcy and if still under restriction of a BRU/BRO you must wait for that to end too.

www.Bankruptcyhelp.org.uk
0800 078 9367
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