Twit-twoo!!
Hi All,
Been a while. I've been breedin' for JESUS!!!
Got two small greys, Spitfire and Typhoon.
Not quite TWIT-TWOO more EAK-EAK at the moment.
Anyway, let's get back on subject....
If any of you have read this thread right from the beginning, I was a IP (Insolvency Practitioner) in a past life, so no this subject well.
Let's clear up a few things first...
1 Yes, you can have a Bank account while Bankrupt.
2 Yes, you can run a business, as a sole trader (not mistook for a soul-trader - James Brown RIP), Partnee in a partnership (but must let the others know) and even as a company director in a limited company (very rare but possible as you need DTI permission).
I will now respond to a few postees.
Bealzebub,
HSBC have stopped funding pilot finance (except for OAT?) for one reason only - the investment is not worth the return. £100,000 for a salary of £30000 before tax for the next 5 years. They haven't stopped Doctor finance, Why? Because their salaries have increased and ours haven't.
Banks are now really only interested in £100,000 + P.A. , the rest can go to the credit unions and community banks. This is not far fetched either. In Oz, HSBC you have to have a monthly income/deposit of $AU2000 per month to have a basic account.
Re-Heat, Chartered Accountant. Well, What can I say? You are a hypocrite.
Chartered Accountants are the biggest crooks in this country. It's fine for professional to use the "system" to avoid paying tax. What's the figure? £10 BILLION every year not paid due tax holes exploited by the likes of you. Robbing, every chid of a proper education, a well funded NHS, a proper military with equipment and you have the self-opinionated, obnoxious belief that you can pontificate to US mear mortals about the rights and wrongs of Bankruptcy! What absolute cheek.
I had to deal with your "professionally" compiled Bu11$hit, called accounts. Christ, it makes me angry.
What is wrong if the small man in the street wants to use the system to better one's self? What's the difference? I bet the CEO of Barclays didn't give $hit when he got his bonuses and pay of £26 million, while sacking thousands and exporting jobs to India, at the behest of so called professional like yourself.