Donate SIGN UP

bankrupcy

Avatar Image
liskeardgirl | 12:08 Sun 01st Jan 2012 | Business & Finance
3 Answers
once bankrupt how long is it before its lifted.
Gravatar

Answers

1 to 3 of 3rss feed

Best Answer

No best answer has yet been selected by liskeardgirl. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Bankrupcy lasts for one year but it remains on your credit file for six years, it should be the last resort.
Usually it is 1 year, but if you are deemed to be failing to co-operate with the Official Receiver they can apply to Court to get your discharge delayed.

Also, you may have to make payments towards your debts for a maximum of 3 years - including after you are discharged.

1 to 3 of 3rss feed

Do you know the answer?

bankrupcy

Answer Question >>