Who Will Know if I Filed for Bankruptcy?

This one of the most frequently asked question by my clients.  Bankruptcy is stressful enough without adding additional fear that the entire world will know that you filed.  Here is who will know that you filed:


•  Your creditors and anyone you with whom co-signed a loan.

•  People who work in the court may find out.

•  Anyone who attends the 341 meeting the day you have your 341 meeting (i.e. other people going through bankruptcy)

•  Court records are matter of public record, so anyone could look it up, but WHY? You cannot “Google” someone’s name and their federal bankruptcy appear.  You would have do a search of the federal courts to find this information.

•  Chapter 13 Debtors are often required to make payments through wage garnishment, which means the employer will learn about the bankruptcy. In some situations this may be avoided.

•  Anyone who looks at a credit report of yours – like a prospective landlord. Many of the larger apartment complexes are owned by banks, and banks tend to grant leases according to credit bureau reports. This may affect you. Small landlords will call former landlords and may not check credit reports.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

  • Blog Stats

    • 2,219 hits
%d bloggers like this: