How do I obtain my discharge from bankruptcy?
There are several different bankruptcy discharge scenarios and it depends on a few factors:
1. If this is your first bankruptcy and you are not paying surplus income (income you would be using to make payments if you earn over a certain amount each month) then you will be automatically discharged 9 nine months after filing for bankruptcy.
2. If this is your first bankruptcy and you are paying surplus income, your automatic discharge will be 21 months after you filed for bankruptcy.
However, you must attend 2 financial counselling sessions and make sure you are always truthful and disclose all information to your trustee because the trustee and/or the Office of the Superintendent of the Bankruptcy office has the right to oppose the discharge if any discrepancies occur.
3. If you do not qualify for an automatic discharge, you need to contact your trustee and they will set up a date for a discharge hearing. This hearing involves the court deciding whether or not you will be discharged. They consider initial reasons you filed for bankruptcy, if you have attended the financial counselling sessions and your financial conduct and affairs during your bankruptcy.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.