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 if i was made bankrupt but had annulment
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tigger1231
Starting Member



1 Posts

Posted - 20 March 2009 :  20:36:26  Show Profile  Visit tigger1231's Homepage  Reply with Quote
if i was made bankrupt but had annulment can i return back into a partnership

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 20 March 2009 :  20:49:58  Show Profile  Reply with Quote
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.

The glimmer gets brighter all the time

Jan
xx
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Sparkle83
Junior Member

258 Posts

Posted - 20 March 2009 :  21:11:09  Show Profile  Reply with Quote
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...
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John
New Member



United Kingdom
73 Posts

Posted - 20 March 2009 :  23:06:26  Show Profile  Reply with Quote
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
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