You would think that the information would be all monetarily oriented but the cold truth is that filing for personal bankruptcy touches every part of your life. The information that is required by the courts is essentially your life story.
You Are Required By Law To Declare What You Own
You have to tell the court of course what you have, what you intend to sell to satisfy your debts and what you would like to keep and why you think you are entitled. You have to tell them everyone you owe money to and why you owe that money.
Your Personal Details Can Be Kept For Up To Ten Years
You must give up all your personal information as far as address, social security number, bank accounts, credit card numbers, birth date, and phone numbers. You must list all your assets in detail and exactly how much they are worth.
Your trustee scrutinizes everything that you buy and or spend after your filing.
All of this information is recorded and kept between 7 and 10 years.