Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

un discharged surplus iincome

I`m a undischarged bankrupt and I `m in a general partnership new business, I`m starting to make plenty surplus income I was wondering if I could take the surplus income and invest it in another business start up if it would still count as a income. What else can i do with this surplus income.

One Response to “un discharged surplus iincome”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

If your making surplus, your required to pay the surplus that is owed. There isn’t really anything that can be done to manipulate this in any way. Realistically you can still invest in another business, but those moneys should come into your personal possession first, you pay the required surplus and then can invest it somewhere else if you choose.