Following the making of a bankruptcy order, any creditor of the bankrupt might request the Provisional Trustee to summon a general assembly of the bankrupt’s creditors for the aim of appointing a Trustee.
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The bankrupt is guilty of any false representation or other fraud for the aim of acquiring the consent of his collectors or any of them to an settlement on the subject of his affairs or to his bankruptcy.
The debtor should file a Debtor’s Bankruptcy Petition and a Statement of Affairs with the High Courtroom. After 12 months you’re often released (‘discharged’) from your bankruptcy restrictions and debts.
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