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AAT and Bankruptcy

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If an AAT member had to file for bankruptcy and informed the AAT, would that member be disqualified from the AAT?

A purely hypothetical scenario but I was curious on the answer as I believe that if a member ended up being made redundant and was unable to find a job and had to default on their mortgage, that member should not be penalised by the AAT. With Brexit happening, it could end of being a situation for many accountants as jobs are scarce and competition is high even now.

What are other peoples thoughts?

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