Is Personal Bankruptcy Filing Made Public?

We are bankruptcy attorneys located in Middletown, Ohio.  We specialize in Chapter 7 and Chapter 13 bankruptcy filings.

Are you considering filing for bankruptcy protection, but are concerned your neighbors may read about it in the local paper.  Don’t worry that is not going to happen.  Bankruptcy filings happen in federal court and are not listed in the local papers.  Bankruptcy filings are public record, however, the fact that you filed is not something that is easily obtained by the general public.  There is a public access system known as PACER which contains information regarding all federal court filings in the United States.  To gain access to that system you must register and pay per page for each document you obtain.  For this reason, the general public typically does not have a pacer account.  Pacer is more or less used for bankruptcy professionals, lenders, and others who have direct need to look up prior bankruptcy cases in detail.

The fact that you filed personal bankruptcy will appear on a credit report for up to 10 years.  Therefore, if you go to apply for a job, rental apartment, or credit, those individuals obtaining your credit report with your consent are going to be made aware of your bankruptcy filing. Additionally, in certain applications there may be questions concerning whether or not you have ever filed a bankruptcy before in any capacity. This is another way where your personal bankruptcy can become public.

For the most party, the fact that you filed for personal bankruptcy will remain pretty much to yourself and just the others you inform.  Yes, there are some entities that will find out about it and can find out about it, however, the general public will not be made aware of your bankruptcy unless you either give them consent to pull your credit report, you acknowledge it in an application, or members of the general public are listed as creditors in your case.  When you file for either Chapter 7 or Chapter 13 bankruptcy, you are required to list all of the people you owe money to on your petition.  If you owe a family member or a friend or anyone else, that person’s name and address must be listed on your petition.  So from that standpoint, those creditors are obviously made aware of your personal bankruptcy.  There is not prohibition against those people broadcasting or soliciting the fact that you have filed a bankruptcy case.

BENEFITS

Even if your case is obtained by the general public, you should consider the benefit that you will received in filing and weigh it against the fact that it may become public.  What kind of relief are you obtaining?  Are you saving your home from foreclosure?  Are you stopping a wage garnishment that’s taking 25% of your pay?  Are you taking a drivers’ license that is currently suspended due to reinstatement fees?  Are you basically not able to make ends meet because of your minimum payments and other debt commitments?  Look at what you are getting rid of in obtaining a fresh financial start.

MORE INFORMATION

To obtain more information to find out if bankruptcy is the step to your fresh financial start contact our office today to make your appointment for your free consultation.  At this free consultation you will be able to sit down with one of our experienced attorneys and discuss your individual situation.

You should also check out our website at www.middletown-bankruptcy.com

Contact your Middletown, Ohio bankruptcy attorney today to get jump on your fresh financial start.