Who is notified when you declare bankruptcy?
Who is notified when you declare bankruptcy? Min Austria Assistant at Ascent Law LLC Under bankruptcy law, certain parties will be notified of your bankruptcy. These parties include creditors, child support recipients, and co-signers or co-debtors of loans. Your landlord may not want to know, but he must be aware if you fall behind on rent. The bankruptcy court will notify him, and you must give them notice of your bankruptcy. However, if you have a co-signer, your landlord will be notified as well. While most employers are not notified when you file for bankruptcy, there are instances where your employer receives a notification. In some cases, a bankruptcy trustee will contact your employer to verify your income. This can be a serious problem, as your employer may have to pay back the money owed to you. Potential employers may also learn about your bankruptcy from a credit report, and you may have trouble getting a job. While most employers will not disclose your bankruptcy, you shoul...