A woman who owned a Melbourne bar that went bust has revealed she is in the “scary situation” of having to file for bankruptcy as she faces $150,000 in debt.
Liv Franklin was the owner of Follies, a vegan antipasti bar in Fitzroy, which closed down at the end of March.
She said there were “so many sh***y implications” about the bar’s failure but the biggest impact will be becoming a “bankrupt girly” at just age 30.
However, she said she wanted to debunk what this meant as many people still saw bankruptcy as taboo.
“I’ve been doing heaps of work to get different advice and find out what it actually looks like because it’s really scary,” she said in a TikTok video. “But the more you know about it, the less scared I…
