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Can I be self employed when bankrupt - Bankruptcy UK

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Can I be self employed when bankrupt

Yes you can operate as a sole trader, no problem. It is only company Directors that have to stand down. You just need to be aware of the restrictions if you intend borrowing money i.e. if you borrow more than £500 you need to advise the bank or company offering the credit facility that you are bankrupt. Otherwise, you can keep trading as before.

 

Bankruptcy UK

Bankruptcy UK