Sequestration normally lasts for a year.
During this time:
Your details will be added to the public Register of Insolvencies (ROI) for five years
You cannot borrow any more credit without declaring you are bankrupt
You must let the Accountant in Bankruptcy (AiB) know if your situation changes
You may have to sell valuable assets such as a vehicle
You can keep the things you need for day-to-day living
Your DCO can last up to 48 months depending on what you have been asked to pay.