I am sorry but that is BS. It is illegal to consider a bankruptcy as a factor for government employees. So they cannot fire you or not hire you base on the fact that you had file bankruptcy.
For the private sector, they can look at your bankruptcy as a factor but...
1. Most companies would not check.
2. Companies that check, would simply run you credit report. Chapter 7 Bankruptcy is gone after 10 years from the date of filing and Chapter 13 after 7 years from the date of filing. After that time bankruptcy will not show on your credit report.
3. If the company has an account with court system they can find out if you ever filed bankruptcy in your lifetime in any state.
However consider this:
If you had the interview and they already like you so much that they are ready to hire you, how much weight would they give to the fact that you field bankruptcy 5-10 years ago? If for some illogical reason they do, too bad for them, do a couple more interviews and you would end up with a better job anyway.
Also did you know that all these people filed bankruptcy and then went on to have an amazing career including 3 US presidents including Mr.Lincoln (bankruptcy did not prevent them from becoming the US presidents) and many businessmen including people like Ford and Trump.
Incomplete list:
Donald Trump, financier
Michael Jackson, singer
Wolfgang Amadeus Mozart, composer
Elton John, singer/composer
Kim Bassinger, actress
Mike Tyson, boxer
Mark Twain, humorist
Burt Reynolds, actor
Thomas Jefferson, patriot and president
Gary Coleman, child actor
MC Hammer, rap singer
Willie Nelson, country singer
Lorraine Bracco, “The Soprano’s” actress
Charles Goodyear, inventor of vulcanized rubber
PT Barnum, circus promoter
L. Frank Baum, author of “The Wonderful Wizard of Oz”
Mathew Brady, Civil War photographer
Oscar Wilde, playwright
Jerry Lee Lewis, rock singer
Rembrandt, painter
Henry Heinz, ketchup magnate
Milton Hershey, chocolate magnate
Henry Ford, auto magnate
Johnny Unitas, football player
Wayne Newton, entertainer
Mickey Rooney, actor
Debbie Reynolds, actress
John Connally, former Texas governor
Walt Disney, creator of Mickey Mouse
Mick Fleetwood, rock singer
Merle Haggard, country singer
Ulysses S. Grant, president and Civil War general
Dorothy Hamill, figure skater
Larry King, talk show host
Bowie Kuhn, former baseball commissioner
Stan Lee, comic book creator of “Spider Man”
Answered By: Mr. Holmes - 2/19/2012 |