When are you clear from bankruptcy?
Question: when are you clear from bankruptcy? When is the seven years up? Does it count from when you file for bankruptcy or does it count form when you are discharged.
Answer: The minimum period that a bankruptcy can last in Canada is nine months, after which you may be discharged from bankruptcy, meaning that your debts are eliminated. There will be a note that will remain on your credit report for a further six years after the date of discharge indicating that you had filed bankruptcy.