can bankruptcy stop you from getting a job

can bankruptcy stop you from getting a job

Can Bankruptcy Stop You from Getting a Job?

Unfortunately, filing for bankruptcy can make it difficult to land a job. The employers’ perception of you as a job candidate might change when you explain your past financial difficulties.

Consequences of Filing Bankruptcy

The following are some common consequences of filing bankruptcy:

  • Some employers will have negative views of you. Many employers are hesitant to hire someone who has previously filed for bankruptcy, as they may perceive it as irresponsible. They may be afraid of an applicant’s loyalty to the company if they are worried their finances could be a problem in the future.
  • Your job search might be limited. Some employers may not consider a job candidate that has filed for bankruptcy. This could drastically limit your pool of potential employers.
  • You may have to disclose your bankruptcy. Depending on a company’s policies, certain employers may ask if you have filed for bankruptcy or had any other financial delinquencies on your credit report. As such, it is important to be up-front and candid about your bankruptcy in job interviews.

Strategies to Overcome Bankruptcy

The following strategies may help you overcome the impact that a bankruptcy filing can have on your job search:

  • Showcase your improved financial stability. Make sure to include on your resume any recent job experience or changes in your financial status that demonstrate improved stability. You can also provide potential employers with a summary of why the bankruptcy filing happened and the steps you are taking to make sure it does not happen again.
  • Highlight your other skills. Focus on your qualifications and skills and make sure to emphasize any positive traits that you bring to a job. Make sure to highlight any positive work references, education, or successful projects that you have undertaken that demonstrate commitment and work ethic.
  • Understand the truth of bankruptcy. Bankruptcy isn’t necessarily a sign of poor financial management skills. Rather, it is often the result of an unexpected life situation, such as a medical emergency or job loss. Make sure to emphasize that you are responsibly taking steps to get back on track.


Bankruptcy is a difficult life event to navigate, but it doesn’t have to be the end of your job search. With the right approach, you can confidently demonstrate to employers that you are ready to take on the responsibilities of the job.


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