Bankruptcy discharge
January 9th, 2008 by Questions
In 1991 I was forced to declare bankruptcy. All was settled, or so I thought, and life moved on. I was granted credit again after 7 years, remarried etc. Marraige dissolved in 1998 and ex-wife left me with financial disaster. Have been sorting it all out, and finally went for credit counselling in 2004 where I found out that I have never been formally discharged. What does this mean, and why did the bank grant me credit under those circumstances. I have tried to locate the original trustees, but no luck. What are the ramifications of not being discharged?
One Response to “Bankruptcy discharge”
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January 10, 2008 at 11:34 am, Barton Goth GCO Bankruptcy Trustees said:
From the sounds of it it means there were certain duties you were required to perform to be discharge that were not. Although, it could also be a mistake. Did you receive a copy of your discharge? Do you still have those documents (as a note for anyone reading this if you file bankrutpcy you should keep these documents indefinately)?
If you don’t still have these documents you may be able to order copies of the bankrutpcy documents from court, but this is only if there was a court file opened. These documents will either show you that you were discharged or show you what needs to be done in order to be discharged.
As for the ramifications of being an undischarged bankrupty, usually it causes you difficulty when borrowing money, it also means the original debts you may still be responsible for.