Personal assets protected when self-employed traders go bust
07 June 2012 @ 11:00
SELF-EMPLOYED persons and business ownes will no longer have to risk losing their personal assets if their outfit goes belly-up, according to a new law currently in the draft stage.
According to the president of the national federation of self-employed workers, Lorenzo Amor (pictured), the legislation will include a limit on assets that can be seized by courts and creditors when a company winds up or a sole trader ceases his or her activity.
Read more at thinkSPAIN.com
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