Are you about to spend your life with someone without knowing their entire financial history? Or maybe you’re about to cosign a lease or mortgage with someone? A quick search through court records could reveal a past declaration of bankruptcy.
Starting a business with someone who has trouble managing their finances, whether it be personal or business, can be disastrous.
If your future spouse has filed for bankruptcy in the past, it could affect your finances and credit once you’re married.
A public search can find a person’s reasons for filing for bankruptcy, the type of claim, and when the claim was filed.
“I always had my suspicions that my fiancé wasn’t the best with his finances. He had trouble meeting me halfway for rent almost every month, but didn’t seem to have a problem with buying new watches and going out for drinks. A few months after our engagement, enough was enough. I used Kiwi Searches to see if my fiancé had ever filed for bankruptcy in the past. Turns out he had, and he didn’t seem to learn from it, either. We’re now going to couple and financial counseling before going through with the wedding.”
Angela O., 52, Southfield, MI