Multiple Banruptcies

June 29th, 2008 by Questions

I have gone bankrupt twice before and need to again (all for good reasons, divorce, business failure, bad advice) will I be able to reestablish credit again, how long will it take and what are the consequences of a thrid bankrupt.

Posted from: Ontario


One Response to “Multiple Banruptcies”

, A licensed trustee said:

If you realy must file bankruptcy for a third time be prepared for the procedure to be extended – depending on the facts of your case you may remain in bankruptcy for up to 3 years while teh Court asesses your discharge. Once you hav ebeen discharged the fact that you filed for bankruptcy a third time may be reported on your credit bureau for 14 years or more.

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