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Ltd company insurance post-bankruptcy
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Rasforte
Posts: 9 Forumite

Hi all
I’m wondering about chances of getting basic insurance for new business (ltd company) having recently been discharged from bankruptcy. The situation which lead to this was a right mess. Was director of a company which went into liquidation with very substantial debts. Personal guarantees were called hence bankruptcy.
I’m wondering about chances of getting basic insurance for new business (ltd company) having recently been discharged from bankruptcy. The situation which lead to this was a right mess. Was director of a company which went into liquidation with very substantial debts. Personal guarantees were called hence bankruptcy.
I want to start a new, small business and need basic cover. Any recommendations for who to approach? Just need the basics to get started again. Obviously mainstream insurers won’t touch it…
PS am looking for specific recommendations of brokers who may be able to help.
PS am looking for specific recommendations of brokers who may be able to help.
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Comments
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Google is your friend in situations such as this, most on here are individuals who went though bankruptcy, not that many business owners, so you may not get many responses to your request.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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Knightsbridge insured me 10 years ago and I've been with them since.0
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