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Facing redundacy

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Could be facing redundacy which case bankruptcy will almost certainly follow.

I know a lot of employers now do credit checks, have any recent bankrupts found this has gone against them considerably in looking for new work?

Or is it worth even trying to get a job? I would prefer to work if I can.

Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    depends on what sort of work you do
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • MichMoor
    MichMoor Posts: 159 Forumite
    I work in environmental impact assessment.
  • confused76
    confused76 Posts: 12,680 Forumite
    Part of the Furniture Combo Breaker
    i'm working in the financial sector, and while my current employer is ok with the br, i know that now i am looking for a new job i will struggle due to the credit checks done by potential employers. it is making things more complicated, and i'm looking at a new career path, however, if br is right for you then do you have alternatives? i didn't.

    is there a br clause in your current contract? were you credit checked for your current job? it's hard to say because it also depends on the individual employer

    good luck
  • MichMoor
    MichMoor Posts: 159 Forumite
    At present I work for a local authority and may fall victim to the coming cuts, however if I was to survive the axe I have made enquiries and they say I do not have to even inform them of my financial situation.

    It is only a issue if you manage large budgets.

    I am concerned if I have to start making applications in the private sector.

    Cheers
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