Question: Can someone tell me if it is possible to have a bankruptcy annulled if all the creditors have been repaid in full, and if so, can the Trustee- discharged from the file- or anyone else oppose the discharge?
What would be the procedure in such a case?
Answer: Yes, if all the creditors are paid in full, it is possible to have a bankruptcy in Ontario annulled. The trustee would send a notice to all known creditors to confirm that they have proven their claims in full. After a thirty day period, the trustee would then apply to court for the annullment. For more information, contact your trustee.