Can Filing Bankruptcy Affect My Job
Can filing bankruptcy affect my job? If you have been asking yourself this question, the answer might provide some relief.
The contents of this article are not meant to be taken as legal advice in any form. To fully understand all bankruptcy laws, it is suggested that you contact a bankruptcy lawyer. Now, let’s address the original question: can filing bankruptcy affect my job? The simple answer is: no. Bankruptcy cannot have any impact on a current or future job. Still, this is not entirely black and white.
Under Chapter 7, employers are not legally allowed to fire an employee solely based upon the employee’s filing for bankruptcy. In fact, most employers will not know that you have even filed unless you tell them. Employers have no right to this sort of private information. Thus, if an employer asks you this kind of question, you do not need to answer. If you are filing for Chapter 13, you will find that your wages will be used to pay creditors, which means that your employer will find out about your filing. Still, an employer cannot fire anyone that has filed for Chapter 13 based upon this filing.
You should also know that applying for a government job cannot be affected by filing for bankruptcy. However, private and government employers might run a credit check when you apply for a job. Once the credit check has been completed, an employer might not hire you. Some employers view bankruptcy as a character flaw, which may prevent you from obtaining a position. Most employers will not allow a bankruptcy filing to impact prospective candidates. Of course, this depends upon the job at hand. For example, a book keeper that has filed for bankruptcy might not get a job based upon this filing. Now that you know the answer to your original question (can filing bankruptcy affect my job?), you can relax.
Remember, you don’t have to tell your current employer about your financial situation. However, when you allow a prospective employer to run a credit check on you, your financial information will be revealed.
Keep these things in mind when it comes to employment. Can filing bankruptcy affect my job? Well, now you know the basics, but it is still wise to contact a qualified attorney to find out more regarding this topic.