Discharged Bankrupt

As a discharged bankrupt you are free from your bankruptcy debts and free from the restrictions of bankruptcy. If a bankruptcy restriction order or bankruptcy restriction undertaking is in place then the restrictions of bankruptcy will continue even after discharge.

Can you get credit after discharge from bankruptcy?

As a discharged bankrupt you will certainly face challenges obtaining credit in the future. When you think about the number of services that you are credit checked for this may prove a problem.

You may like to find out about products that help with credit repair or visit the credit repair after bankruptcy page for more information.

How do you become a discharged bankrupt?

Becoming a discharged bankrupt usually happens automatically on the first anniversary of the bankruptcy. Automatic discharge will not be possible if:

• Your discharge period has been suspended, for example because you have failed to co-operate with the Official Receiver
• You are subject to a criminal bankruptcy order.

Can you get early discharge?

Yes, you may be discharged from bankruptcy early if the Official Receiver files a notice at court stating that the investigation into your affairs is either unnecessary or concluded. Before the Official Receiver files this notice at court the creditors and any trustee must be given the opportunity to object.

What does discharge suspended mean?

If you do not comply with your obligations then either the Official Receiver or the trustee can apply to the court to have your discharge suspended. Your bankruptcy discharge will either be suspended indefinitely until an obligation is met or it will be suspended for a specified period of time.

Certificate of discharge from bankruptcy

To obtain your certificate of discharge you will need to contact the court at which you were made bankrupt. A small fee will be payable.

Co-operating after your discharge from bankruptcy

Bankruptcy discharge does not release you from your obligation to co-operate with the trustee or the Official Receiver. The administration of your bankruptcy estate can continue after your bankruptcy discharge.