For many people, a major concern when filing for bankruptcy is wondering whether friends, family or co-workers will find out. Most people are concerned about that, but the situation is a bit complicated.
Bankruptcy is a matter of public record, which means it goes onto your credit report. It can stay on your credit report for up to 10 years. Now, your friends will not be checking your credit report. So, unless you tell your friends you’ve filed for bankruptcy, they almost certainly will not know about it.