I am 26 years old. I have made a few mistakes in my life. But when I was pregnant with my son, I was in and out of the hospital a lot. I racked up some severely expensive hospital bills, among other things, and I got over my head in bills. This all happened before I was 21. My husband and I decided that bankruptcy was our only option. I am a lot more mature now and I would like to get back to working at a bank. Banking is what I know best because I worked previously for a bank. I loved it. I just want to know why I can't get a second chance. I'm not a theif and I don't have a criminal record. I am a church going person and would do anything for anyone. I just needed help and bankruptcy did that for me. I just wanted someone else's perspective on this.
2007-03-21 15:40:27 · 10 answers · asked by ♥ Tori ♥ 5 in Business & Finance ➔ Credit
For those of you who were rude and called me a deadbeat, I'm not. I was young and had no idea what I was going to do. I have paid back most of my debt because I filed 13 instead of 11 or 7. Just because you file bankruptcy doesn't make you a bad person or a "deadbeat".
2007-03-22 04:11:00 · update #1
The reason is that working in a bank entails fiduciary responsibility for other people's money. Employees who work in banks, accounting departments, and so often must generally undergo a credit check before beginning employment.
Accurate or not, the theory is that if you aren't responsible with your own money, you won't be responsible with someone else's, and/or that if you're in financial trouble yourself you'll be tempted to embezzle funds in order to cover your personal losses. In some cases the bank has covenants or contracts which prohibit them from hiring an individual whose credit check does not come back clean.
Keep your skills up-to-date by taking classes in your chosen field. Bankruptcy clears from your record after 7 years, so you only have a couple more to go. It will pass faster than you think.
Take care -
2007-03-21 15:47:38 · answer #1 · answered by Mel 6 · 0⤊ 0⤋
For a very similar situation a found a great solution at: LOANHUNTER.NET-
RE Why won't a bank hire someone who has filed bankruptcy?
I am 26 years old. I have made a few mistakes in my life. But when I was pregnant with my son, I was in and out of the hospital a lot. I racked up some severely expensive hospital bills, among other things, and I got over my head in bills. This all happened before I was 21. My husband and I decided that bankruptcy was our only option. I am a lot more mature now and I would like to get back to working at a bank. Banking is what I know best because I worked previously for a bank. I loved it. I just want to know why I can't get a second chance. I'm not a theif and I don't have a criminal record. I am a church going person and would do anything for anyone. I just needed help and bankruptcy did that for me. I just wanted someone else's perspective on this.
2014-10-03 20:58:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Unfortunately, it's just a matter of risk analysis.. People that work for banks generally have access to the currency. The bank figures that someone that has gotten into that situation before, may find themselves in that situation again... They figure someone in that situation is more likely to be tempted to embezzle funds, or may be susceptible to being bribed by someone interested in stealing from the bank.... Anyone with a lot of debt regardless of weather they have filed for bankruptcy or not, will find a tough time trying to find a job at a financial institution... Sorry, it really does suck the way credit problems can impact your ability to find a job... Kind of a "catch 22."
2007-03-21 22:58:54 · answer #3 · answered by jonbjammin 5 · 0⤊ 0⤋
Bank don't care about your history or background. They just see you as a liability and you can't handle your own money why should they let you handle someone elses. It's stupid and hard to get a break. Be honest when you go in for your interview and keep trying. One will finally give you your chance.
2007-03-21 22:49:39 · answer #4 · answered by tazman 3 · 1⤊ 0⤋
The banking industry deals with handling other people's money. The bank is afraid that since you mishandled your money, you will mishandle the customer's money. The previous is not my personal take on it and I'm not saying I agree with the idea, I'm just giving you a bank's viewpoint.
2007-03-21 22:45:39 · answer #5 · answered by Mariposa 7 · 1⤊ 0⤋
The banking industry figures you cannot manage your money therefore they don't want you handling their money.
Even if this isn't the case, this is what they are thinking.
I cannot get back into the workers' compensation field because of a workers' compensation injury.
I know how you feel!
2007-03-21 22:51:01 · answer #6 · answered by Florida Sun 3 · 1⤊ 0⤋
A bank operates on the theory that if you cannot handle your own finances, how can you possible help others. Also, someone with bad financial habits could be more likely to try to embezzle funds.
2007-03-21 22:46:47 · answer #7 · answered by sweet1also 2 · 2⤊ 1⤋
personal credibilty and ethics; which you didnt exhibit; if you made arrangements to pay just a few bucks a months for forever ; the creditors would have had to accept that; and you would avoided the deadbeat method. the key word here is ; deadbeat
2007-03-21 23:50:17 · answer #8 · answered by pahump1@verizon.net 4 · 0⤊ 1⤋
Maybe it isn't the bank, but the bonding company that says "no."
Regretfully, some decisions in life haunt you forever.
2007-03-22 00:44:29 · answer #9 · answered by TedEx 7 · 0⤊ 0⤋
well, this is just a guess but they probably don't want someone whom they percieve as
in a financial situation & irresponsible
handling other people's money. Guess you'll have to wait til it comes off your record.
2007-03-21 22:46:12 · answer #10 · answered by mosaic 6 · 0⤊ 1⤋