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If someone is an undischarged bankrupt........? |
...are they allowed to do self-employed work? This person was made bankrupt 2 years ago for 拢15k, not connected to business at all, personal debt through the breakdown of a relationship. He knows he cannot be a company director or open a business as such, but could he legally work on his own as a maintenance person or similar if it was all done properly? of course Yes if it is all above board and he is not working for cash in hand and not declaring it. I *THINK* he or she could be a sole trader without problems. However, sole traders can't limit their liability. If he works as a sole trader, and blows up something expensive, his customer's insurer will chase him for the cost, and seize his assets. Of course, being a bankrupt, he doesn't have many of those, so that might work. |
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