Bankruptcy generally lasts for 12 months unless you are subject to a Bankruptcy Restriction Order or your bankruptcy has been suspended. The key in all cases is to cooperate with the Official Receiver and provide them with what they need and what they have asked for. how long does bankruptcy last? If you do not cooperate, your bankruptcy might be suspended indefinitely, something which is avoidable. You can always call your local official receivers office and arrange a face to face interview where you will be able to account for outstanding issues.