I have a series (6) license if i file bankruptcy will i lose

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PostPosted: Tue Oct 28, 2014 6:14 pm   Post subject: I have a series (6) license if i file bankruptcy will i lose  

Please answer my question.

clifford_grant
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PostPosted: Thu Oct 30, 2014 9:07 pm   Post subject:   

Bankruptcy is a reportable financial event, and it will stay on your U-4 forever. It does not necessarily lead to loss of licenses, but it could. Depends on the circumstances and the final adjudication of the Bankruptcy Court.



If you were forced to file, for example, because a departing spouse filed for bankruptcy, then it's probably not an issue, but if you are filing to avoid what you owe to others, it could be an indicator of financial mismanagement, and that could be problematic.



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PostPosted: Sun Feb 26, 2017 2:22 am   Post subject: SQdEnHKygdBfkwgHlrw  

A wonderful job. Super helpful intmorafion.


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