Who will find out if I file for bankruptcy?

Posted On : November 13, 2013   By : RobG

Friends and family typically would not know that you filed bankruptcy unless you spread the word. Creditors, landlords and others who have reason to check your credit when you apply for credit or a contract will know. Your employer typically will not know. If you feel bad about filing bankruptcy and poor money management is the main reason you need to file, you will know what not to do in the future so that you won’t put yourself in this situation again. If your financial difficulty is due to illness, loss of a job, separation or divorce, loss of benefits, and other causes beyond your control, and you have done your best, then it is time to let it go. Be thankful that in this country we have a social safety net that allows one to make a fresh start, and channel your energy in a positive direction, namely to take care of getting bankruptcy relief and planning for the future.

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