There are a few exceptions to the requirement that bankruptcy notices be published in the paper. One exception is if the debtor is an individual and has less than $2,500 in unsecured debt. Another exception is if the bankruptcy court finds that publication is not necessary to provide notice to creditors.
If you are considering filing for bankruptcy, you should speak to an attorney to discuss the requirements for publishing bankruptcy notices. An attorney can help you determine if you qualify for an exception to the publication requirement.
Here are some additional things to keep in mind about bankruptcy notices:
* The notice will include information such as the name of the debtor, the bankruptcy court where the case was filed, and the bankruptcy case number.
* The notice will also state the type of bankruptcy that was filed (Chapter 7, Chapter 11, or Chapter 13).
* The notice will be published in a newspaper that is circulated in the county where the debtor resides or where the bankruptcy case was filed.
* The notice will be published once a week for two consecutive weeks.
* The debtor is responsible for paying the cost of publishing the bankruptcy notices.