Bankruptcy Ontario: Free Information about Bankruptcy in Ontario

Re: Bankruptcy

Posted on Saturday, August 02, 2008

Question: How long does bankruptcy stay in place? What happens if you do not apply for discharge?

Thank You

Answer: The minimum bankruptcy period is nine months. Your trustee will apply for your discharge, unless you have not completed all of your duties, in which case the bankruptcy remains open until you receive a court discharge. If you are currently an undischarged bankrupt, you should talk to your trustee to determine what is required to complete your bankruptcy.

Labels: