Is bankruptcy a public record?

Yes, bankruptcy is a public record in Massachusetts. When a person files for bankruptcy, their financial information becomes a matter of public record. This information includes a list of all the creditors to whom the person owes money, as well as their available assets and income. Any creditor that has extended credit to the filer can also request a copy of the person’s bankruptcy filing. Additionally, all bankruptcy filings in Massachusetts must be submitted to the state’s Office of the US Trustee. This office then makes the information available to the public. This means that anyone can access a person’s bankruptcy filing with a simple online search. As a result, it can be difficult to keep a person’s financial struggles private. Furthermore, any bankruptcy filing is a matter of public record for at least ten years. This means that for a decade, any potential creditors, employers, or other interested parties can access the information on the bankruptcy filing. Therefore, it is important to remember that filing for bankruptcy in Massachusetts is not a private matter and the information can be accessed by anyone.

Related FAQs

How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?
What is the difference between a bankruptcy trustee and a bankruptcy lawyer?
What are the advantages and disadvantages of filing for bankruptcy?
What do I do with any unexpired leases or contracts when filing for bankruptcy?
Can I file for bankruptcy if I'm unemployed?
Is bankruptcy a public record?
What is the 341 meeting of creditors?
Can I keep my home when filing for bankruptcy?
Are there any assets that I will be required to sell when filing for bankruptcy?
How do I know if I am eligible for a Chapter 11 bankruptcy?

Related Blog Posts

What is Bankruptcy Law? - July 31, 2023
What Are the Most Popular Types of Bankruptcy? - August 7, 2023
How to Choose the Right Bankruptcy Attorney for Your Case - August 14, 2023
Understand the Consequences of Not Filing for Bankruptcy - August 21, 2023
How to Avoid Bankruptcy With Financial Self-Management - August 28, 2023