Question: What disadvantage is there in filing bankruptcy in Saskatoon for a second time?
Answer: In a first bankruptcy you are eligible to be automatically discharged after nine months, provided certain conditions are met. In a second bankruptcy, you are not eligible to be automatically discharged. The court will decide when your bankruptcy will end, so it will last longer than nine months.
In your case you must decide whether a second bankruptcy is the correct option for you, or if you should consider other options, such as a consumer proposal.
To review your options, consult a Saskatoon bankruptcy trustee.
