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Haulier's debts

25th June 1976, Page 19
25th June 1976
Page 19
Page 19, 25th June 1976 — Haulier's debts
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Which of the following most accurately describes the problem?

A HAULAGE contractor admitted gross liabilities of £11,455, Including a £3,217 debt to the Inland Revenue, when he appeared at a public hearing at Liverpool Bankruptcy Court.

Mr Christopher Bennett, of Bootle, a aid his financial troubles stemmed from his son's lack of business acumen. He walked out In March and he had not seen him since.

Judge Bryson said. "You seem to be a muddler when it comes to business and this together with the fact that your son left the business seems to have accounted for your difficulties." A receiving order was placed on Mr Bennett in March,