"I would probably file bankruptcy, but I don't want everybody to know about it."
While many people may feel embarrassed about filing bankruptcy, contrary to popular belief, not everyone will know that you have filed. Please note that the U.S. Bankruptcy Court is a court of public record, meaning that someone can find out about your filing if they research hard enough; however the Bankruptcy Court does not print widespread publications of bankruptcy filings. Some local newspapers may run articles or lists of filings, but unless you are a celebrity or other VIP, I would not expect to see your bankruptcy filing in the headlines. Most media do not have the space or staff to even consider reporting the numerous cases. Usually and most often, the chances are that only your creditors (the people that you owe and have to list in your bankruptcy paperwork and documents) are the only ones who will find out.

Comments