Bankruptcy and Your Employer

Filing bankruptcy isn’t something to be ashamed of, but it’s understandable that you might not want anyone other than those close to you to know. You don’t have to worry about your current employer finding out though, because in most situations, they will not be notified. But, keep in mind that when you are applying for a job, a prospective employer might check your credit report and find out that way. Under law, they are not allowed to hold your bankruptcy against you, but it would be pretty hard to prove it if they did. Some companies might consider you a security risk because you filed, but the majority of employers won’t think this way or even check your credit report to begin with.

Unless you are applying for a job where you would have financial responsibilities, like a cashier, accounts payable, credit manager or receivable clerk, your prospective employer probably won’t run a credit check on you. But, if you are applying for a job in the financial field, you’ll have to really win them over with your experience, professionalism and personality.