How Long Will I Be Bankrupt for in Quebec?

Several factors affect how long you will be bankrupt for in Quebec.

If you are a first time bankrupt, if you complete all of your duties while bankrupt, and if your trustee or your creditors are not opposed to your discharge, you are eligible to be discharged from bankruptcy after nine months.

If you have been bankrupt in the past, you are not eligible for an automatic discharge from bankruptcy in nine months. Your bankruptcy will be prolonged for a period of time that will be determined by the bankruptcy court.

NOTE: At the time of writing, the government of Canada has introduced proposed bankruptcy reforms that will extend the length of the bankruptcy in some cases. More details can be found in our article on bankruptcy reforms: http://www.bankruptcy-ontario.org/bankruptcy-reform.htm

Bankruptcy rules are complex, so we suggest you contact a licensed Quebec bankruptcy trustee who will explain the rules for filing bankruptcy and discuss how long you will be bankrupt for in Quebec. A trustee will help you decide whether or not a bankruptcy is the correct solution for your financial situation.