Bankruptcy

[HeliCraig]

She told the bank about her past and they told her as long as there was no fraud involved, no problem.

Yeah, the banks like to keep a monopoly on the Fraud... they don't want enterpising employee's coming up with better ideas!

See Here...

Sorry I can't offer any useful advice.

[lilelvis2000]

I know someone very well who went bust. It was a very simple affair as she had nothing. No property etc just a lot of unsecured debt.

Yeah, I think as long as you don't own a house or any large assets then you are ok....They may take a look at your shares in your company however. I don't know how this will work...but you could dispose of those to a relative and then reacquire them afterward...but I think there is some type of time scope on this.

The best place to get advice is of course with an insolvency solicitor or even the citizen's advice bureau as they see this all the time.

Good luck.