Today 05/18/2013
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9 month discharge

My mother filed for bankruptcy a few years ago. She said she had to pay for 9 months + an additional 12 months after her discharge. What was this for?

Also, has bill c-55 come into affect yet?

Thanks.

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One Response to “9 month discharge”

  1. J. Douglas Hoyes, CA, Trustee says:

    You do not pay after your discharge. However, a bankruptcy can last for more than nine months.

    The minimum bankruptcy period is nine months, but it is possible, perhaps due to excess income or other factors, that a bankrupt may be required to pay for more than nine months. Without knowing the facts of your mother’s case I can’t be more specific.

    Regarding Bill C-55 (the new bankruptcy rules), no, the new rules are not yet in effect, and at this time we have no idea when, or if, they may come into force.