Q: If you file bankruptcy, does a list get sent out to all the surrounding banks, etc?
A: Notification of the bankruptcy filing only gets sent to creditors or other relevant parties. There is no list sent out to all banks.
A: The list only gets sent out to those creditors you place on your bankruptcy schedules. That said, you must disclose all debts that you have or else your bankruptcy case will be dismissed. Additionally, the bankruptcy will be on your credit report, so if you're thinking you can file bankruptcy and walk into a different bank the next day to get a credit card, odds are that won't work.
A: No, a list does not get sent out to banks who were not listed as creditors in your case. However, when you apply for a loan, the bank will likely inquire as to whether or not you have filed for bankruptcy relief. It will also appear on your credit report for up to 10 years.
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