Harleyman Posted March 18, 2012 Share Posted March 18, 2012 Businesses that go bankrupt sometimes return under a different name. Link to comment Share on other sites More sharing options...
cgksheff Posted March 18, 2012 Share Posted March 18, 2012 Read this - doesn't sound like much fun to me http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingDebt/Bankruptcy/DG_187323 Its moronic to think of bankruptcy as an easy way out of paying debts Far from it. If you have no house/car/savings/yacht .... and have no real need to get credit in the near future ... it can be a very practical way (if selfish) of clearing the slate. Link to comment Share on other sites More sharing options...
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