Several factors affect how long you
will be bankrupt for in Saskatchewan. You are permitted to
be discharged from bankruptcy after nine months if this
is your first bankruptcy, if you complete all of your mandatory
duties while bankrupt, and if your trustee or your creditors
are not opposed to your discharge.
Unfortunately, if you have been bankrupt in the past, you are not eligible for an automatic discharge from bankruptcy after nine months. Your bankruptcy will be extended for a period of time that will be determined by the bankruptcy court.
NOTE: At the time of writing, the government of Canada has introduced proposed bankruptcy reforms that will extend the length of the bankruptcy in some cases. Additional details can be found in our article on bankruptcy reforms: http://www.bankruptcy-ontario.org/bankruptcy-reform.htm
Bankruptcy rules are complex, so we suggest
you contact a licensed Saskatchewan bankruptcy
trustee who will meet with you, explain the rules for
filing bankruptcy, discuss how long you will be bankrupt
for in Saskatchewan, and help you decide whether or not a
bankruptcy is the correct solution for your financial situation.