Bankruptcy and Future Job Prospects
In today’s flagging economy, more and more people are struggling to make ends meet and they are turning to bankruptcy as a potential solution. Despite this and the many benefits bankruptcy can have, it still has many negative connotations associated with it, such as the idea that it will be impossible to get a job after filing for bankruptcy. However, after more research has been conducted and more people have gone through this process, it has been proven that bankruptcy may not have an adverse effect on one’s job prospects in the future. Dispelling myths like this one helps clarify that bankruptcy can be a good option for those who are struggling with mounting debt and looking for a way to address it.
The Reality of Filing for Bankruptcy
When you have gone through bankruptcy, you remain in control of giving that information to other people, including potential employers. You can decide to:
- Not publicize your former bankruptcy
- Tell potential employers about your responsible decision to take charge of your debts
- Not apply for jobs that require you to disclose past financial situations
With you in control of disclosing your financial information, bankruptcy does not have to affect your future job prospects.
If you are thinking of filing for bankruptcy and need to understand the various steps of the process, in addition to the ramifications of filing for bankruptcy, the experienced attorneys of the Bradford Law Offices, PLLC, can help. Contact us at (919) 758-8879 to get the answers and guidance you need.