Reply #2: most states have homestead exemptions, if even limited. and there's no reason why anyone should [View All]

[nashville_brook]

announce a bankruptcy to anyone. there's different kinds of filings, but with the new law, what you're generally going to do get rid of unsecured debt and restructure the rest of it. many people choose to keep some debt and continue paying -- i.e. no declare that debt. it's up to the debtor.

check the state laws wrt homestead.

ETA -- usually the only people who know about a bankruptcy are the people present on your day in court. so, if they happen to be there when the neighbors are also doing their bankruptcy proceeding, then the neighbors will know. there's also Legal Notices in the paper, but the only people who read those are obsessives and vultures.