Today 02/06/2012
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Maximum length of Bankruptcy

Question: Is there a maximum length of time a bankruptcy can run after it exceeds the minimum nine months?

Answer: There is no maximum bankruptcy period. In theory the bankruptcy court could extend a bankruptcy indefinitely. However, in practice, it is unusual for a bankruptcy to be extended for more than an additional 12 months (or 21 months in total), except in exceptional circumstances.

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