Question:

If a person filees bankruptcy is it public knowledge?

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If a person filees bankruptcy is it public knowledge?

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3 ANSWERS


  1. Yup, my accounting teacher would always read the reports and notice his students parents who filed bankruptcy... weird hah


  2. Yes. Not only is it a matter of public record, but it also must be advertised. You have to run an ad in a newspaper advertising your bankruptcy so that all of your creditors are "officially" notified, and are invited to the court hearing to have their say in the matter.


  3. Yes, bankruptcy is a public record

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