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Well not necessarily. It’s true that when you are declared bankrupt or enter into an Individual Voluntary Arrangement, then this goes on public record in the Individual Insolvency Register. But the days of the advert in the local newspaper are long gone. The people that will get to know are obviously all of your creditors (which can include the bank , the mortgage company or your landlord) and you need to be careful if you work in any kind of job which requires a licence or some sort of
FAQ's

Can I carry on trading through my existing company if I go into a Company Voluntary Arrangement?

Yes – this is the whole point of entering in to a CVA. Before the arrangement starts however, you must be sure that there is sufficient money (or funding) available to keep up to date with your current bills as well as making the necessary payments in to the CVA. We will advise you about this before the CVA commences.