Can I Be Fired or Denied Employment Because of Bankruptcy?

You cannot be fired because of bankruptcy, but you could have issues getting a job.

You’re about to file for bankruptcy, but you’re hesitant because of your employment. Is your employer going to fire you because of it? Or will you lose out on a new job because you filed? By finding out the answers to your questions, you can decide if filing for bankruptcy is the right decision for you.

Getting Fired or Denied Employment Because of Bankruptcy

No employer in the public or private sector is allowed to fire you because you filed for bankruptcy. This is illegal.

However, if you are applying for a job in the private sector and your prospective employer subjects you to a credit check, they will be able to see your bankruptcy on your report. This could limit your employment if you are working as an accountant or in the financial department of a company. If you are honest and upfront about your bankruptcy filing, then you may still be able to get a job. But keep in mind that if you refuse a credit check, the employer could end up not continuing with your application or hiring you.

The Pros of Filing for Bankruptcy

Even though you may be worried about your employment status, there are other things you should consider when filing, such as the pros of going into bankruptcy. Depending on whether you file for Chapter 7 or Chapter 13, you could make your debt more manageable and, in the long run, raise your credit score. This is going to have a positive impact on your life and make it easier for you to get loans in the future if you stay on track.

Get in Touch With Richard P. Arthur

Richard P. Arthur, Attorney at Law, can help you with filing for bankruptcy. You can call 937-254-3738 for a consultation. He has more than three decades of experience helping clients in Dayton and Trotwood, as well as Montgomery, Greene, Miami, Clark, and Warren counties.