Do’s & Don’ts of Your Bankruptcy and Social Media

by DeLadurantey Law Office, LLC on October 23, 2013

Do's & Don'ts of Your Bankruptcy and Social MediaIn today’s society, social media, including FaceBook and Twitter, are one of the primary ways that people communicate. Adults use social websites and technology as much as teens. Many people post pictures and post details about their life for others to read. When it comes to a bankruptcy case, many people do not think about how their posts can impact their case. Along with everyone else, bankruptcy trustees and creditors may be able to view your pictures and read your posts.

Below are a few ways your posts can cause problems in your bankruptcy case:

•All debtors are required by law to make full financial disclosure, including listing all of your assets. If you post a picture of a new fishing boat that was not listed in your bankruptcy pleadings, it can raise questions.

•A debtor must also disclose all sources of income.  If a debtor posts information regarding a part-time job doing lawn work and that income source was not disclosed in the bankruptcy, your case can be negatively impacted.

•There are strict guidelines regarding a debtor’s budget while in bankruptcy. You are not allowed to make unnecessary or excessive purchases while not paying all of your creditors in full. Thus, bragging online about vacations or shopping sprees can get you into trouble.

While bankrkutpcy trustees do not spend significant time searching the internet to catch debtors in lies, angry creditors might. The best advice is to make full disclosure in your bankruptcy filing and to think before you post anything. Don’t write anything you don’t want your trustee or creditors to see and question your honesty in your case.

If you are considering filing for bankruptcy protection, let us help. We understand how important your bankruptcy case is to you, and we will handle it with the discretion and dedication that have become our calling cards. Contact the Milwaukee bankruptcy attorneys of the DeLadurantey Law Office, LLC today by calling 414-377-0518.

 

 

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