Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

about my bankruptcy

Posted on: 08th Dec, 2006 01:53 pm
if I file bankruptcy, will my employer get to know about it..
Normally, your employer will not be notified unless the employer is also named as one of the creditors in your bankruptcy case.
Posted on: 08th Dec, 2006 02:08 pm
Hi Derth,

Additionally, the only parties which get the notification are your creditors, the bankruptcy court and IRS.

I would also add that since bankruptcy falls under public record category, if anyone (including your employer) wants to locate information about your bankruptcy filing can do so.

Charles Linder
Posted on: 08th Dec, 2006 02:16 pm
Hi Derth,

Until and unless your employer is a creditor, he will not come to know of your bankruptcy. If you file chapter 13, you will be required to pay the trustee on a monthly basis. The trustee will issue a notice to your employer thereby informing the employer's payroll department to deduct the payment from your check and forward it to the trustee's office.

No employer can discriminate against you on the basis of your filing the bankruptcy case. If your job requires a security clearance, you will be allowed by your employer to check from the employee policy handbook as to whether you can maintain the job even after filing.

Hope this information is helpful.

God bless you.

Posted on: 08th Dec, 2006 10:23 pm
Page loaded in 0.131 seconds.