Wednesday, February 22, 2012

Will My Employer Know If I file Bankruptcy?

It is common for people to be concerned that their employer will discover that they filed Bankruptcy.  For some people they are afraid of being fired or possibly they feel a sense of shame for needing debt relief.  These fears are understandable though probably not well founded.  In the event that a person was to be retaliated against for filing Bankruptcy, such as being terminated, then there are protection provisions in the Bankruptcy Code to protect the employee.  Unless your boss or employer is a creditor who needs to be listed in the Bankruptcy filing, then there is strong likelihood that your employer will not be made aware.  The primary exception being that in the event of a Chapter 13, then the required monthly payments to the Trustee could be debited from your wages.  In this event, then your employer would be made aware to facilitate the wages being debited from your check. 

If you are looking to file Bankruptcy and live in East Tennessee, then call the Law Offices of Andrew E. Farmer at (865) 428-6737.  We are a debt relief agency as defined under the Bankruptcy Code. 

No comments: