Employment and Ch7

[jjwolf]

Hello all, first post. Unfortunately I think I will be a frequent visitor to this board in the near future and hopefully down the line a contributor for others.

We are currently meeting with our attorney for a scheduled C7 filing sometime
after the new year. My questions (the attorney isnt helpful in this area)
are:

1. I am being considered for a great job at (ironically enough) at a global financial
services company not in a branch or handling money, but in the IT dept.
If I start the job then still proceed with the filing, will the employer know of the filing and can they legally do anything?

2. My credit score isnt great obviously(620) and they do a background check.
No BK or collections listed. Has anyone ever had just credit score cause any pre-employment problems?

3. IF (still a big IF) I get this job at the salary im targetting, it will make me re-examine my filing. Maybe I can workout a plan to pay back some of the debt.
We havent paid since August and Im sure the late/overlimit fees are out the wazoo. Any advice on alternatives to bk in this scenario? Are there any legitimate consolidated/negotiated repayment programs out there?
Can i go back to the CC companies after Ive told them were filing?

Thanks, just trying to gather some real world advice so I can map out the best course of action going fwd. Glad I found this forum

[DebtHater]

Legally an employer can not do anything to an employee for filing bankruptcy. Furthermore, the chances of a current employer finding out is limited you telling them.

As far as being hired by a potential employer can be up in the air.

Last March I was hired by a major public transportation agency in my area, for a job that requires me to handle money, that required a background/credit check. I only bring this up because I had to file BK in 1999 (due to (ex) spouse issues). In my application I disclosed that I had filed in 1998 and I was still hired without question. I don't think that they would have found out I had filed if I didn't tell them as the 10 year limit was up just prior to the background check.

[mtbc]

not do anything to an employee for filing bankruptcy

If I recall correctly, there's a solely in that sentence, and the limited amount of precedent we have so far suggests that courts do notice it. The protection's there, but it may be quite narrowly construed.

[music12]

from what i have heard, i would forget about repayment/negotiation programs out there. i would contact each creditor myself and try to come to a settlement. search online for stories/advice on these kinds of things. those repayment/negotiation programs tend to take more of your money to themselves than to the creditors and ruin whatever is left of your credit in the process.

good luck with that job. if you get it, i don't think they can then fire you for filing bk. but as you say, if you get hired then you may not need to file.