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One can find information about bankruptcy filings on government websites. It depends on where your country is and all the instructions of how to file bankruptcy will be listed in steps for you.
Bankruptcy court records are public records, unless the court has impounded some or all the information for some good reason. There are banking publications, like Banker & Tradesman, that publish all filings in their area. Some local newspapers still publish bankruptcy filings from their communities. And you can check out the bankruptcy filings at the bankruptcy court for your area. There is usually a public access computer in the clerk's office where you can look for filings by name. A deputy clerk will be happy to assist you.
Bankruptcy is a federal act, and there must be no less that seven years between filings.
The information and downloadable forms for all bankruptcy filings can be found at www.bankruptcyaction.com
Bankruptcy filings typically stay on a debtor's credit report for 10 years.
Past bankruptcies may indicate a history of poor financial management and excessive debt. Financial difficulties increase the risk of fraudulent behaviour. In Canada, the Office of the Superintendent of Bankruptcy provides an Insolvency Name Search. It includes reports of all personal and corporate bankruptcies and proposals filed since 1978 and records of all receiverships since 1993. For the U.S., Lexis provides a Combined Bankruptcy Filings database that has summaries of personal and corporate bankruptcies for all U.S. states, District of Columbia, Guam, and Puerto Rico. Westlaw provides a similar database, Bankruptcy Filings Combined. AutoTrackXP by Choicepoint provides detailed reports on individuals and companies formulated from their large database of U.S. public records. Bankruptcy information is included.
More than likely if you file for bankruptcy your credit score will go down. They report the filings for up to seven years and sometimes ten.
The first step in filing bankruptcy is collecting all of your personal financial information. This will include a list of all your secured and unsecured debts (you might find ordering your credit report helpful), tax returns for the last two years, deeds to any real estate you own, car titles, and any other loan documents you may have. Most individuals will choose between filing a "Chapter 7" bankruptcy and a "Chapter 13" bankruptcy. You will benefit from consulting with a bankruptcy lawyer, when determining which form of bankruptcy you should pursue. When you are looking for a bankruptcy lawyer, you will typically benefit from hiring a lawyer who handles a lot of bankruptcy cases, and has good systems in place for processing bankruptcy forms and filings. If you are able, you may wish to seek a referral to a bankruptcy attorney from a lawyer you know and trust. If not, this is a category of lawyer that is often easiest to find through your local Yellow Pages.
I've been practicing law for 30 years, predominately bankruptcy for the past 15. Last year I netted $400K, mostly from consumer bankruptcy filings. As long as banks and mortgage servicers remain stupid as dirt the future is bright!
There are special filings in order to do this. It usually can be done without too much complication.
Anyone and everyone can. It is a matter of public record and even the BK has the obligation to make sure all interested parties have the info.
contact them and ask them why...if it's a credit card...or basically anything but student loans they have to accept the terms of the bankruptcy. get in touch with the lawyer who did your filings for your bankruptcy proceedings and they should get it taken care of.