How Will Bankruptcy Affect My Career?
Will Bankruptcy Affect My Employment?
Experienced Indianapolis Bankruptcy Lawyers
It has become common practice for many employers to research job candidates' credit histories — and a bankruptcy will typically appear on your major credit reports for seven to 10 years. Depending on your line of work, it is possible that an employer might have a policy or make a judgment call that costs you a future opportunity.
Filing personal bankruptcy is a big decision, and it does have repercussions as well as important benefits. We welcome all our clients' questions and share our deep experience in the effort to help each person make his or her filing decision with confidence.
Where Does Your Credit Stand Today? Are There Practical, Effective Alternatives for Resolving Your Debt Problems?
It is important to consider that:
- If you are seriously evaluating bankruptcy and other forms of debt relief, your credit reports almost certainly already reflect your financial difficulties. Some employers will look more favorably on an individual who took strong action to overcome their debt problems rather than letting them spiral further out of control.
- Credit scores are most likely to be considered in evaluating candidates for management positions and those with budgeting and financial authority.
- Our persistent economic slowdown has impacted people from all walks of life — professionals as well as wage earners, long-time homeowners as well as renters with few assets, and the elderly as well as the young. Many employers and hiring managers will recognize and respect that bankruptcy is often the best, most dependable means of regaining control of an adverse financial situation.
Help Weighing Options and Making a Sound Decision: 866-660-6928
At Redman Ludwig, P.C., our dedicated, longstanding bankruptcy lawyers have the knowledge to help you evaluate your filing decision from all angles. We will not dodge or sugar-coat the truth. Instead, our role is to spell out what Chapter 7, Chapter 13 or Chapter 11 bankruptcy can accomplish for you and support you every step of the way on the path you ultimately choose.
Confronting the question, "Will bankruptcy affect my employment?" is an important part of making your next debt relief decision with confidence. To address this and other issues with a knowledgeable attorney, request a free telephone consultation today.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.