Helping you make smart bankruptcy decisions

personal bankruptcy, what will happen when someone become bankrupt?

H all one of my friend wants to apply for personal bankruptcy! she has about £25 000 debt to the banks, she is just worried and wants to know if after bankruptcy, they will put her picture on local newspaper and tell her story or not! thought that's embarrassing! anyone know the answer! by the way she has been in many different information sources but there wasn't anything about this one, so that's why we decided to post it here! thank you all

I don't know if they put your pics in a paper over there, But in our county they put the names and dates and addresses, b/c it is public records. But Its only a 1 time thing, so if she's lucky people won't read that section for the day. However it will effect her credit. As far as her applying for a home loan, credit car, new phone. anything they run her credit for it will come up that she declared bankruptcy. Good luck to her.