After relieving debts through bankruptcy, some people question whether they will be able to secure jobs in industries that involve finance, such as banking or selling insurance.
Such jobs often require employees to be bonded, which provides the employer some insurance against employee misconduct. A bankruptcy should not automatically prevent you from being bonded, though your likelihood of success will depend on your unique circumstances.
Use the form below to secure a free, no-hassle consultation with a local lawyer, and don’t hesitate to ask about getting bonded after bankruptcy.
Bonding usually refers to a fidelity bond, which insures businesses against fraudulent acts committed by employees. Basically, employee bonds protect companies against theft, fraud, forgery, and other possible crimes committed by employees.
Because bonding is primarily concerned with an employee's trustworthiness, a prior bankruptcy does not have to eliminating the possibility of being bonded, and therefore securing a job.
People file bankruptcy for a number of reasons, most of which are completely unrelated to a person's character. Common events that push people into bankruptcy include:
These events are mostly a result of chance, and do not reflect anything about a person's character. As a result, depending on your circumstances, you may be able to be bonded after filing bankruptcy.
Whether you are worried about keeping your job, or searching for a new one, here are a few things to remember about bankruptcy's effect on your job:
If you have further questions about what to expect after bankruptcy, including jobs and being bonded, connect with a local bankruptcy lawyer today. Use the form on this page to arrange a no-obligation consultation with a lawyer near you.