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katieandpaul33
Starting Member
4 Posts |
 Posted - 10 May 2009 : 18:55:47
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| Currently Bankrupt but my line of work is cash, have gone into partnership with a friend and will continue in the line of work that i went bankrupt in but can i trade under a name between both of us? ie the reciever said cant trade under no other name than my own so can i trade say as Paul Jones trading as a new name? |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 10 May 2009 : 19:26:08
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You do have to stick to the same name, but not sure if you could do what you are proposing.
Hopefully one of the experts will be along to advise.
The glimmer gets brighter all the time
Jan
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Suzanne
Average Member
United Kingdom
869 Posts |
Posted - 11 May 2009 : 09:59:49
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Hi
The reason for the rule is to ensure that creditors are aware of the name under which you were bankrupt and so giving them warning, if you like, of who they are dealing with.
You would be able to trade as 'your name, trading as' as this would mean any creditors would have that warning as your purchase order, cheque book and bank account, and invoices would have your name on them.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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Hinfo
Starting Member
11 Posts |
Posted - 11 May 2009 : 16:30:36
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Hi and thanks, what happens if that partnership opens a bank account but only as the un bankrupt partner named on it? quote:
Originally posted by Suzanne
Hi
The reason for the rule is to ensure that creditors are aware of the name under which you were bankrupt and so giving them warning, if you like, of who they are dealing with.
You would be able to trade as 'your name, trading as' as this would mean any creditors would have that warning as your purchase order, cheque book and bank account, and invoices would have your name on them.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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Currently Bankrupt but my line of work is cash
