Many things can be found in public records. You can find marriages, births, divorces, deed information, and many other things. What you may not realize is that a bankruptcy can be found in public records.
What is a bankruptcy? It is a legal form of declaring yourself unable to pay all debts. The results is a banged up credit score and for many a chance to turn things around. But it is also an action taken with the government through the court systems which makes it part of any public records search.
You can’t go through bankruptcy without going through the courts. This also means that you can’t hide the fact that you have going through the process. It is all part of the free public records.
Why? For example, if a person in Broward County, Florida declared bankruptcy, it would go in the public notices and the Broward County public records so that anyone who was owed money by this person would know that they weren’t going to get it.
Public records are there to honestly report government activity and to give general announcements to the public so they can act accordingly. Other things such as petitioning for divorce is also made public so that the other parties involved can get the message if they haven’t gotten it through the regular channels.
If you do a public records search on anyone, you will see any financial activities that go through the court systems. Depending on why you are looking for this information, it might or might not be important to you at this particular moment. You also need to be aware of this for your records as your bankruptcy will appear on any public records search that is done on you.