In a bankruptcy filing, you should expect that a lot of your personal information will become available to the bankruptcy trustee.
This includes your debts and recent spending habits, including friends or relatives you may have paid back for loans in the recent past.
People who have co-signed loans with you, which may include parents, relatives, your spouse or a former spouse, will receive notification of the bankruptcy filing, as provided by law.
While it can feel invasive, it’s important to keep in mind that filing bankruptcy is a way to free yourself of the burden of debt so you can move on, rebuild your credit, and create new endeavors for yourself.
The bankruptcy trustee is part of the process, but when handled correctly, the trustee can be an asset to you as you start fresh.
The attorneys at Zelenitz, Shapiro & D’Agostino know how to create a productive relationship between clients and the bankruptcy court.
Call us today at 718-599-1111 for a free consultation with an experienced bankruptcy lawyer.