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 If i go BR to get out of a business lease
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jow1
Starting Member



5 Posts

Posted - 20 May 2009 :  16:18:07  Show Profile  Visit jow1's Homepage  Reply with Quote
hello,



If i go BR to get out of a business lease (Im sole trader)can they sue me for payment of remaining 4 yrs. I can't afford to keep paying rent without ending up with massive debts on credit cards..(i've already ran up thousands).


Suzanne
Average Member



United Kingdom
869 Posts

Posted - 20 May 2009 :  16:28:21  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi

When you go bankrupt all liabilities you have at that date are included, and as this is a known liability it would also be included.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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