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shirley
New Member
71 Posts |
 Posted - 21 February 2009 : 11:01:36
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After my bankruptcy hearing and OR interview on Wednesday I have just received the Bankruptcy Restrictions form to date and sign and send back. There is something on there that is bothering me.
One of the restrictions states
"You must not be concerned (directly or indirectly) in promoting, forming or managing a company, or act as a company director (whether or not you are formally appointed as a director, without the court's permission"
I am a marketing assistant and in the line of my work I do promote the company i work for. Should I worry about this?
Any clarification would be greatly appreciated.
Shirley
One day at a time |
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Melanie.n
forum expert
United Kingdom
1282 Posts |
Posted - 21 February 2009 : 13:20:52
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Hi Shirley - this part of the restriction refers only to being a Company Director for a Limited Company registered with Companies House - an individual is not allowed to be a company director or involved in the running of a company whilst an undischarged bankrupt. It does not relate to being an employee going about their normal course of business in anyway
Hope this helps
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
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pix1
Average Member
689 Posts |
Posted - 21 February 2009 : 18:00:54
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Shirley,
To be on the safe side you could mention to the official receiver's office by letter that you are promoting the company and explain how you are doing it. Assuming they say yes you would have got the court's permission and also it will look good on you as you will be demonstrating your cooperation in bankruptcy. I don't think they would say no unless you were really high up in the company. |
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shirley
New Member
71 Posts |
Posted - 21 February 2009 : 21:27:21
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Many thanks for the advice.
One day at a time |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 21 February 2009 : 21:31:23
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To be honest I wouldn't even mention it. Melanie says that it doesn't apply to your job, and with her experience that would be good enough for me.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
20 IPA payments made, 16 to go - on the home straight! |
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shirley
New Member
71 Posts |
Posted - 21 February 2009 : 21:32:57
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Thanks Skippy
Maybe I will just leave it at that and if it comes up in the future, I will explain then.
Shirley
One day at a time |
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Bankruptcy restrictions
