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Do I get lay off or fired?What about the Bank,Do they close my account?I am in deb no where to go,I tried the freshstart solution,managerment,couselor... everything and end up with bankdrupcy.

2006-10-28 18:49:58 · 5 answers · asked by colorado 3 in Business & Finance Personal Finance

5 answers

If you are a good employee. It shouldn't matter. If your work is in an area where trust is important (You handle money etc you may be a risk.)

If people repeatedly garnishee your wages you may be at risk.

Other than that you shouldn't have much of a problem.

2006-10-28 19:02:16 · answer #1 · answered by Floyd B 5 · 1 0

According to the paper I filed out... the employment can not hold a bankruptcy against or you can use them. It will be on your credit report for 10 years so if there is some other way I would try that way first. But as a paralegal student , I have to say that you need to go to the court house and get the book for filling and read up because each state is different.

2006-10-28 18:58:38 · answer #2 · answered by Anonymous · 1 0

Some financiers cater for payment plans, some will half your debt. Having a job is a massive positive, and depending on your credit rating should decide whether or not you sjould file for bankrupcy.

Of course it will effect you job, in the future you can only own a car to a certain value, Only with excetption can you travel o/s and any money in excess of a specif threshold you will have to pay to your creditors.

up to you - but it will effect everything your do "financially" in the future./

@@@JD

2006-10-28 20:14:58 · answer #3 · answered by J D 1 · 0 0

It will have a severe effect in obtaining a job.

2006-10-28 18:51:59 · answer #4 · answered by SweetBrunette 5 · 0 1

It shouldn't affect your job at all, silly.

2006-10-28 19:21:17 · answer #5 · answered by Anonymous · 0 0

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