You are discharged from Sequestration typically 12 months after you formally entered the process. For Minimal Asset Process, you are discharged after a period of 6 months.
However, this may not be the end of the process because the terms of your Sequestration may include that you have to make a contribution to your estate for a period of 48 months.
If you’re in employment, you may be obliged to make a contribution to paying back your creditors for a period of 4 years, which will continue for a period after being discharged from Sequestration.
Therefore, while Sequestration gives you a strong chance to write off unaffordable debt and get your life back on track, you should seek expert Debt Advice as Trust Deeds and the Debt Arrangement Scheme might be a better solution for you depending on your circumstances.