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| Author: |
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David |
| Date: |
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April 14, 2005 |
| Question: |
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If you are not granted an absolute discharge from your 2nd bankruptcy but given a suspension what are you required to do during the suspension period? Does it require a second court appearence.
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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April 15, 2005 |
| Answer: |
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There is no requirement to do anything such as statements or counselling while under a suspended discharge however you are still legally an undischarged bankrupt. You cannot be the director of a limited company or obtain credit without disclosing that you are still bankrupt. At the end of the suspension there isn't another Court application, the Absolute order just takes final effect.
Ann Clarke
phone: (403) 296-2972
aclarke@alger.ca
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