Before taking any steps on bankruptcy as self employed driving instructor answer this question first - are you a franchise holder? if so it is imperitive you read your franchise agreement as every agreement I have read (for many clients in a similar position who have approached me for help) there is always a clause prohibiting bankruptcy, therefore it is not a step you should consider without first accepting the fact you will lose your job and ability to earn an income.
If you are not a franchise holder, you should not have any difficulty, but please check before making any decison. You must also check any HP or lease agreement you may hold on your vehicle
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
iam on the verge of going bankrupt
Posted - 23 February 2009 : 14:19:55
