Most bankrupts will be discharged automatically three years and one day after the date the statement of affairs is filed provided no objection has been lodged [Bankruptcy Act 1966 s 149]. After discharge, the bankrupt continues to be liable for fines or debts incurred by fraud, and for debts under a maintenance order, although the court has the power to release a bankrupt from liability to pay child support arrears [s 153].
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Automatic discharge : Last Revised: Wed Oct 5th 2005 |
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