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I have recently had to file bankruptcy. I have worked for a finacial institution for 18 years. I was recencly turned down for a job due to my bankruptcy. I know it takes 10 years for it to come off your credit report. I was told if it was not so recent I would have been concidered. How long after it is on you record does it take before a financial institution will consider you for a job?

2006-08-08 08:09:11 · 3 answers · asked by Anonymous in Business & Finance Other - Business & Finance

3 answers

After 7 tears they may or may not hire you . Generally speaking there is alot of qualified candidates who apply for our openings who have spotless credit histories and this is what we look for as we are in the money business . Credit standings tell us alot about a person . If they are responsible bill payers they are going to be responsible employees , if they pay on tiime they are going to be on time to work, with reports, and on top of our customers .If all candidates are equal we will pick the one with the best credit report as a tie breaker .

2006-08-08 12:53:01 · answer #1 · answered by Anonymous · 0 0

The reality is that it depends on the financial institution. It is also illegal to fire you just because you filed for bankruptcy. I have a client that has been discharged from a Chapter 7 and he still works at a financial institution. You just need to keep looking for the right job.

2006-08-10 19:15:55 · answer #2 · answered by Carl 7 · 1 0

I THINK after 5 years, they may consider you for employment. I'm sure they will check your credit to see if you have kept up with your payments, etc.

2006-08-08 08:17:48 · answer #3 · answered by jordan_30241 5 · 0 0

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