We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Heylp! Business after personal bankruptcy

Options
Hi all,

I would like advice on how I go about starting up a business after I am discharged from bankruptcy in May 2009. It's going to be in Holistic Therapies I just don't know what options I have.

Thanks so much x

Comments

  • Just bumping this up incase there is any advice out there x
  • If bankrupt you cant be a director of your own ltd company, but you can once discharged, if trading as a sole trader then there are no restrictions except to say that if you go BR whilst trading you may only trade on in the same name, again once discharged your a free man

    or woman...

    im not sure about starting as a sole trader when you were not trading at time of BR if not discharged, you may have to trade only in your own name
    Now we all know how it felt to play in the band on the Titanic...
  • Thanks so much for that. It's a long way off so looking like this time next year I want to start a small ltd company as I am too scared to go sole trader and have my name through the mud again lol. x
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.7K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.4K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.5K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 256.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.