Several bankruptcies

January 15th, 2008 by Questions

Can someone make 3 personal bankruptcies in Quebec?


One Response to “Several bankruptcies”

, A licensed trustee said:

There is no statutory restriction on how many times you may file, BUT it is likely your procedure will be extended significantly. The first time someone files, they are entilted to a discharge in 9 months, the seocnd time it may take two years, the third time 3 or more years…

Perhaps you should look into a proposal to your creditors instead of filing bankruptcy again.

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.)