Personal Bankruptcy Forum

Author:   Sally
Date:   March 13, 2002
Question:  

My husband and I were objecting creditors for an individual who has filed for bankruptcy for the second time. Unfortunately, we were out of town and could not attend the court hearing. I was advised that the bankrupt has received a six month suspended discharge. Does the trustee have a responsibility to advise all creditors of the hearing outcome? What exactly does this suspension mean?

 


From:
 

Ann Clarke, Collins Barrow Limited
Date:   March 13, 2002
Answer:  

A suspension means the absolute discharge has been granted by the Court but it doesn't take effect, or become final, until the end of the six month period. The Trustee advises creditors of the discharge when he submits the final Statement of Receipts and Disbursements and proceeds to Trustee discharge, which can take several months after the bankrupt is discharged.

If you have a concern with the estate, you should contact the Trustee handling the file.

Ann Clarke
phone: (403) 296-2972
aclarke@moneyhelp.ca




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