Who will know that you filed for bankruptcy? Can it be used against you? This is a common concern about bankruptcy, but it is unlikely that anyone will find out or that it will have any adverse effect on your employment or personal life if they did.
The knowledgeable team at Stamps & Stamps, Attorneys at Law, can address any concerns about bankruptcy, including privacy issues. We can’t seal your bankruptcy or guarantee that no one will find out. But there is no shame in bankruptcy and rarely any employment backlash.
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Bankruptcy cases are published in the Daily Court Reporter, and it is a public record at the federal courthouse. But in general, newspapers do not publish the names of people who file bankruptcy. (There were more than 69,000 bankruptcy filings in 2010 in the state of Ohio alone.)
In a Chapter 7 bankruptcy, your employer typically will not know that you filed. In a Chapter 13 bankruptcy, your employer usually will be notified because your monthly payment comes out of your paycheck.
By federal law, employers cannot discriminate or retaliate on the basis of bankruptcy, including harassment, termination or refusal to hire. It would also be a breach of confidentiality for an employer to disclose your bankruptcy or other personal financial information to others.
Who else might know? Aside from your creditors at the time of filing, it is doubtful that anyone will learn about your bankruptcy, including your family and friends.
Stamps & Stamps, Attorneys at Law, offers a free initial consultation to debtors in the Dayton area and surrounding counties of Ohio. To talk with experienced bankruptcy lawyer Eric Stamps, call (937) 247-6447 or 888-435-0085, or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.