June 1st, 2008 by Questions
does bankruptcy, go forever if your not discharged?
Posted from: British Columbia
June 02, 2008 at 9:05 am, Barton Goth - Goth & Company Inc. - Bankruptcy Trustees said:
To be released from your debts you must be discharged from bankruptcy. Without a discharge a bankruptcy is not completed. So yes, technically if you didn’t get discharged you are still in bankruptcy until you do. There are a variety of circumstances that can go along with this, including if you are not compliant with the requirements of you bankruptcy and the net effect of this is you would loose the protection of the courts, stay in bankruptcy but your creditors collection rights would be reinstated.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.