Bankruptcy Laws Protect Your Child's Identity

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When filing for bankruptcy, one of the documents that must be completed is your statement of monthly income (commonly called Schedule I). This document not only discusses how much money you make each month, but also speaks to your marital status and the number and ages of your dependent children.

If you're a parent, you're uncomfortable about disclosing the names and ages of your children when filing for bankruptcy. They aren't part of your bankruptcy case, so why tell the world about them?  This concern is heightened by parents who are victims of domestic abuse or whose children have been abused by others.  Filing for bankruptcy shouldn't put your children at risk - period.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jay Fleischman, Shaev & Fleischman LLP | Attorney Advertising

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