subject: How Difficult Will it be Finding a Job After Bankruptcy? [print this page] How Difficult Will it be Finding a Job After Bankruptcy?
If you have taken responsibility for your debt by making the decision to file bankruptcy let me congratulate you. You've made an intelligent and responsible decision for both you and your family. Now that you've filed though, you have to take advantage of your fresh start.It's important that you find a stable job (or stay with the one you have already). If you don't have a job you may wonder if it will be tougher to find one because you have filed for bankruptcy. Employers are running credit checks more often now, you should know how to address the topic with them. The most important thing is you must be honest with them. Never lie about your bankruptcy. Since it's going to be on your credit report anyway you need to be honest about your bankruptcy when you report it. Besides, it was a smart decision, not something to be ashamed of. It's important to note that many people see their credit score improve after they file for bankruptcy. Also, a successful bankruptcy looks better than a foreclosure or repossession will.Often times a simple explanation of your bankruptcy can relieve any concerns potential employers would have. You'll be hard pressed to find an employer who will throw away an application as soon as they find out about your bankruptcy. 1.4 million people filed for bankruptcy in 2009, the number looks like it will be even higher in 2010, no employer (especially not a rational one) can easily dismiss such a large amount of people. Remember, you should be brief with your explanation. People often file bankruptcy because of unforeseeable circumstances like being laid off, serious medical issues and the huge bills that come with them, or some other horrible event. If your prospective employer informs you they will be running a credit check, explain your situation. Be sure to remind them that filing for bankruptcy was the responsible action to take to protect you and your family. You do not have to let debt run your life any longer. If not, then what was the point of filing for bankruptcy in the first place? The process of filing for bankruptcy can be an intricate one. Everyone has different circumstances. Although it's good to explain your bankruptcy, you should still keep that explanation short. You should make light of it but then move forward, you have more important things to talk about: why you are right for the job and your experience.
