Disgraced Victoria mortgage broker Greg Martel will not be released from the debts that have been mounting around him.
B.C. Supreme Court has adjourned Martels bankruptcy discharge hearing, which means he will remain an undischarged bankrupt and his debts of more than $300 million will remain intact.
In making the ruling, the court cited the opposition of the trustee overseeing Martels bankruptcy and a scathing report the trustee provided in making the case that Martel not be discharged.
A person is often eligible for an automatic discharge from bankruptcy, and released from certain financial obligations, at the end of nine months from the date of commencement of personal bankruptcy unless there is opposition. Martels nine-month period e…
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