Bankruptcy Can Cost You a Job

Thursday, July 30, 2009

Many companies that use background checks like to pull a credit report. Many of the positions they are hiring for might require the applicant to have access to cash, or even bank accounts and clients private information. It's an important check to run, the logic behind that practice is that an individual’s ability to manage personal finances gives a clue about his or her overall responsibility level.

Bankruptcy can be a huge deterrant and can remain on your record for years. Know your rights regarding bankruptcy and how it should and shouldn't affect your ability to retain a job.



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