January 19th, 2007 by Questions
If after filing for bankruptcy and recieving an automatic discharge in Ontario, could I still file for an annullment and repay the creditors?
I am in business and I would feel embarassed when dealing with some clients. While I do not currently have the funds to repay my creditors at this time, is there a limitation for when I could apply for an annulment?
One Response to “Annulment”
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January 19, 2007 at 2:24 pm, Barton Goth, GCO Inc. Bankruptcy Trustees said:
The only situations you will be able to annul a bankruptcy is if it should not have been filed (i.e. you were not eligible to file a bankruptcy), or if it was based on fraudulent information. So as it sits, you can still go and pay all your debts in full should you choose but the bankruptcy cannot be reversed.