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When does bankruptcy start?

When does bankruptcy start?

Bankruptcy does not start until an award of bankruptcy has been made.

The start date depends on whether the debtor applied for their own bankruptcy or a creditor presented a petition to the sheriff court.

If a debtor applied for their own bankruptcy, the start date is the date the Accountant in Bankruptcy awarded bankruptcy.

If a creditor (or trustee in a trust deed) presented a petition to the sheriff court the start date is the date the sheriff first issued a warrant citing the debtor to appear at a court hearing.

Page updated: Tuesday, April 1, 2008