Bankruptcy Advice from the Horse’s Mouth

Can I use an ABN while bankrupt?

Yes, the ATO will allow you to continue using your ABN. If you have never had an ABN the ATO will provide you with one. If you have any questions on bankruptcy, call 1300 060 122 or email your question to, helpdesk@nichollsco.com.au and we will help you without charge or obligation. Remind us to also … Read more

Can I operate a business while bankrupt?

Yes, however whilst bankrupt you are required to operate in your own name or disclose that you are an undischarged bankrupt on all business stationary, advertising, etc. For example, if John Smith was originally trading as “Awful Kitchens” he would need to trade as “John Smith T/as Awful Kitchens” or “Awful Kitchens by John Smith”. … Read more