Community · Legal Question

How long does bankruptcy last in Australia?

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Q

What is the typical duration of bankruptcy in Australia, and can it be extended?

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Answers

2 answers from the community

A

Bankruptcy usually lasts for three years and one day from the date it is declared.

1 year ago

A

In some cases, the bankruptcy period can be extended up to eight years if the trustee determines misconduct.

1 year ago