View Single Post
  #19  
Old 13.02.2020, 15:40
fatmanfilms's Avatar
fatmanfilms fatmanfilms is online now
The Marmite Moderator
 
Join Date: Apr 2010
Location: Verbier
Posts: 20,638
Groaned at 433 Times in 330 Posts
Thanked 21,428 Times in 11,235 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Coming out from my debt or filing bankruptcy .please help me to find out a soluti

Quote:
There is a difference in personal and company bankruptcy. A lot of countries allow the last for example, but not the first.

Anyway, OP talked about bankruptcy. I gave him the short briefing of what bankruptcy in Switzerland is about so we can all be clear it is not a solution for him, so we might as well just drop the whole subject.
You don't understand, if you set up a company you often will have to give personal guarantees to your Bank for any loans or overdrafts & many suppliers will also not give credit without guarantees.
Reply With Quote