When the court pronounces personal bankruptcy or the prohibition provided for in Article L. 653-8, it shall set the duration of the measure, which may not exceed fifteen years. It may order provisional enforcement of its decision. Disqualifications, bans and disqualification from holding elective public office cease ipso jure at the set term, without the need for a ruling.
The judgment of closure for the extinction of liabilities, including after enforcement of a sentence against it pursuant to article L. 651-2, restores all rights to the debtor as a natural person or to the directors of the legal entity. It exempts or relieves them from all disqualifications, prohibitions and disqualification from holding an elective public office.
The interested party may ask the court to relieve him, in whole or in part, from disqualifications and prohibitions and from disqualification from holding an elective public office if he has made a sufficient contribution to the payment of the liabilities.
When he has been subject to the prohibition provided for in Article L. 653-8, he may be relieved of it if he presents any guarantees demonstrating his ability to direct or control one or more of the companies or persons referred to in the same article.
Where the disqualifications and prohibitions and the incapacity are lifted in full, the court’s decision entails rehabilitation.