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 how long does bankruptcy last for?
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Gary.61
Starting Member



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Posted - 12 February 2011 :  07:07:52  Show Profile  Visit Gary.61's Homepage  Reply with Quote
how long does bankruptcy last for?

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 12 February 2011 :  09:27:02  Show Profile  Reply with Quote
Hi and welcome.

You usually get discharged 12 months after declaring bankruptcy although sometimes you can get an early discharge.

If you get an income payment agreement then this will carry on for three years.

The Bankruptcy will remain on your credit file for 6 years.



Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.

Jan
xx
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