Hi,
Technical question
I have recently been discharged from bankruptcy
In my original SOA I disclosed shareholdings in three companies
Two have subsequently been wound up
However, one is still trading
What information I can gather is that it is not profitable and is paying down a good bit of debt very slowly but it might be profitable within two/three years providing the bank continues to support.
I have never received a cent in dividends or anything in 7 years (gave an initial...
Private Company Shares in Bankruptcy
Technical question
I have recently been discharged from bankruptcy
In my original SOA I disclosed shareholdings in three companies
Two have subsequently been wound up
However, one is still trading
What information I can gather is that it is not profitable and is paying down a good bit of debt very slowly but it might be profitable within two/three years providing the bank continues to support.
I have never received a cent in dividends or anything in 7 years (gave an initial...
Private Company Shares in Bankruptcy