If you are like millions of other people and Facbook, Instagram or Twitter are a part of your daily routine, it is important to understand how social media can impact your personal bankruptcy case. Social media is no longer being used solely be teenagers. Adults and businesses (including your creditors) use networking sites to learn details about others. Thus, if you are considering filing a Chapter 7 or Chapter 13 bankruptcy, you should carefully consider how your posts that could be read by the trustee or your creditors could cause damage in your filing.
Below are a few examples of how your posts and pictures could negatively impact your ability to obtain relief from your debt in bankruptcy:
The above are just a few examples of the ways social media can impact your personal bankruptcy. Although trustees do not devote significant amounts of time scouring the Internet trying to find evidence that you are lying in your filing, an angry creditor might. It is better to err on the side of caution and to make complete financial disclosures in your bankruptcy and to think carefully before you post anything regarding your finances on social media sites.
At The Law Office of Diane Anderson, our lawyer has faced Chapter 7 bankruptcy. She understands the anxiety and fear that accompanies working through this process. But, after coming out on the other side, she started her own law firm and is living a life with less worry and strife. Contact us today to get the help and guidance you need in order to take control of your finances.