Credit file – will my credit file be affected?

Yes – your credit file will be impaired for at least 7 years and the bankruptcy appointment will be listed on your file for at least 7 years.

You may also be asked in future credit applications (even after 7 years) if you have previously been bankrupt. The fact that you have previously been bankrupt may impair your ability to obtain credit in the future.

Bankruptcy will be listed on the National Personal Insolvency Index (NPII) for life. This index is maintained by ITSA.