How Long Is A Second Time Bankruptcy

2009-08-05

If you’ve been bankrupt before, then you will not qualify for what is known as an “automatic discharge” after 9 months. Instead, the trustee will have to set an appointment with the courts, and the courts will make the decision on how long you will be in bankruptcy. The length of time will depend on a number of factors – how long ago the first bankruptcy occurred, the reasons for both bankruptcies, and other things. Generally, you will be in bankruptcy at least a further 3 months (for a total of 12 months), but it could be longer than that depending on the factors discussed above as well as the locality of the court. Wendy McMurtrie Meyers Norris Penny Limited 778-571-3520 [email protected]

Latest Blog Posts

2025-03-05

Two in five Newfoundland and Labradorians fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Greg Gosse

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

Two in five New Brunswickers fear they may never be debt-free, acknowledge needing help, but are too embarrassed to seek it out

Tara Silliker

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).

Read More

2025-03-05

About one-third of Saskatchewan and Manitoba residents fear they may never be debt-free; acknowledge needing help, but two in five are too embarrassed to seek it

Pamela Meger

MNP Consumer Debt Index Lifestyle Debt Debt Solutions

According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt. 

Read More

Consultation icon