51 - What to Do After Bankruptcy Discharge

To be discharged from Bankruptcy means that you are released from your obligations to repay all debts that have been included in the Bankruptcy filing. Although this is an important step in eliminating debt, the process is not complete until you receive your discharge. After you have gone through all of the requirements, your Licensed Insolvency Trustee will issue you a Certificate of Discharge. What actually happens after you have been discharged from your Bankruptcy? Is there a possibility of getting credit? How do you reestablish your credit score - if in fact you are able to obtain credit.  

Licensed Insolvency Trustee, Mary-Ann Marriot answers some of these questions and more. She discusses:

• The different types of Bankruptcy discharges
• Prepaid credit cards versus secured credit cards
• Requirements to obtain a discharge
• Steps to rebuild your credit
• How long Bankruptcy lasts

Speaking with a Licensed Insolvency Trustee ensures that you are getting the best qualified help with your debt. They are the only federally regulated debt advisors in Canada. From budgeting to Bankruptcy, you can be assured you are receiving unbiased advice.

Mary-Ann Marriot has been working in the insolvency field for over 25 years. She received her Chartered Insolvency & Restructuring Professional designation in 2005 and her Licensed Insolvency Trustee license in 2014.

Mary-Ann is passionate about helping people become financially literate. She feels honoured to be able to help individuals discover solutions to overwhelming situations and find peace-of-mind in their lives. 

• Allan Marshall & Associates Licensed Insolvency Trustee
• What Happens When You File Bankruptcy & How to File Bankruptcy in Canada
• Declaring Personal Bankruptcy in Canada