can i become a director of a new company

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lee.w

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Post by lee.w » Thu Dec 06, 2007 11:42 pm
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i was a director of a company but then went bankrupt. now my bankruptcy is discharged can i become a director of a new company
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MelanieGiles

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Post by MelanieGiles » Thu Dec 06, 2007 11:57 pm
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Hi Lee and welcome to the forum

Yes there is no problem in you now becoming a director of a limited company, so long as you are not subject to a Bankruptcy Restrictions Undertaking or Bankruptcy Restrictions Order.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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ray_a

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Post by ray_a » Fri Dec 07, 2007 9:36 am
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Hi Lee

Following on with this there might be aproblem though with banking facilities though as a lot of banks don't like to give normal banking facilities to those who have recently been in bankruptcy or IVA's. So you might have to shop around. It might be a good idea if you are starting a business to look at someone who has a reasonable financial history!

Good Luck in your new venture!
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