A client has incorrectly been made bankrupt and this is in the process of being reversed however it may take some time.
Since the bankruptcy she has operated as a sole trader but is finding that due to the bankruptcy things are alot more expensive (insurance etc and getting credit is obviously impossible).
There is a Limited Company which was set up a while ago with other family members as shareholders and directors and once the bankrupcy has been reversed she will make herself a director/shareholder and continue her business using this.
The question is, in the interim period, can she become an employee and all her assets be transferred into the Limited Company from the sole trader or would this not work?
I have no experience at all in bankrupcy/insolvency so any advice would be most appreciated.