Employment post bankruptcy?

WLITC

I'm going to be looking for a new job in a few months and I'm curious as to whether my BR is going to be an issue. The type of jobs I normally do are admin roles and I normally apply through agencies. Its been a few years since I signed up with an agency and I don't recall whether or not they typically ask (when you register with the agency) whether or not you are or have ever been BR. I'm hoping the majority don't, but I suspect ones that deal with a lot of financial companies might simply because a majority of their clients require that info.

What is our legal obligation with regards to informing people about BR. By the time I apply and get a new role I will be discharged so I won't have the restrictions that apply to undischarged BR's. I know we are legally obliged to inform a creditor if we apply for credit, but what about anyone else. Morally I guess we should, but legally?

Also, what if any restrictions are in place after discharge? or is it merely a case of financial companies like banks, insurance companies etc just don't like employing discharged BR's and hence why they ask/check?

andyf1980

Hi welshladinthecity.

I used to work in banking but left before I went br.

I'm now working through an agency for the NHS and haven't had any problems. Have had an enhanced disclosure but no problem at all.

I go with the you have to declare it if asked but won't volunteer it if not asked approach.

Hope that helps

WLITC

andyf1980 wrote: »

Have had an enhanced disclosure but no problem at all.

Whats enchanced disclosure?

andyf1980

It only really happens in nhs/civil service/working with kids. It's a criminal records check but doesn't include br.

the_bright_side

Other than the list of positions you are not allowed to do (on the insolvency site, judge, IP etc.). Banking or finance that’s regulated by the FSA want allow BR and in some cases IVA. Police (unless your discharged 3 years) or any position that requires security clearance (BC, SC or DV levels, however BR isn’t a show stopper as long as your honest and haven’t gambled or shown dishonest behaviour), however recently I applied for a senior position in a telecoms company and they used an external agency who did a credit check for BR, IVA and GAIN information. I would suggest calling any prospective HR dept. and ask

WLITC

thanks for the responses, do you know if the restrictions on working for a company that is regulated by the FSA, would include all their staff, i.e admin or does it just effects dealers/traders, etc? My concern about speaking to the HR department, or telling the agency is that it could prejudice things .. I've worked in HR and even if there is no legal reason to exclude someone for BR, people can be quite judgemental and while not publically voicing it, they will hold this info against me.

BTW, does anyone have a link to what info there is about BR (in relation to employment) on the IS site, I can't seem to find anything.

BB&B

Lest just say if you have a bankruptcy then getting a position in a prohibited (or restricted) profession can be done through an agency.

I personally know someone who is a former bankrupt and works in the Insolvency Service as an examiner!!!!!!!!!

Agencies tend NOT to ask this question, and if they do forget to mention it, they cannot check!!

Tim

the_bright_side

Not all positions with FSA depends on what the role is but from my experience, if you are involved with trading, banking / accounts and IT then you get credit checked. PA / admin probably not

andyf1980

You're not allowed to be an FSA approved person when br. Aside from that it's up to the individual bank. Some credit check every year and others don't check at all!

Worcsman

welshladinthecity wrote: »

I'm going to be looking for a new job in a few months and I'm curious as to whether my BR is going to be an issue. The type of jobs I normally do are admin roles and I normally apply through agencies. Its been a few years since I signed up with an agency and I don't recall whether or not they typically ask (when you register with the agency) whether or not you are or have ever been BR. I'm hoping the majority don't, but I suspect ones that deal with a lot of financial companies might simply because a majority of their clients require that info.

What is our legal obligation with regards to informing people about BR. By the time I apply and get a new role I will be discharged so I won't have the restrictions that apply to undischarged BR's. I know we are legally obliged to inform a creditor if we apply for credit, but what about anyone else. Morally I guess we should, but legally?

Also, what if any restrictions are in place after discharge? or is it merely a case of financial companies like banks, insurance companies etc just don't like employing discharged BR's and hence why they ask/check?

I worked through a foreign company on a contract in the UK during my BR. I'm now discharged, have been for 2 months. I took a permanent job starting first week of December, the questioanire on the application included a direct question about bankruptcy, I answered honestley as I also had to sign consent form for a credit check. Never the less, I'm now in full employment.

I read yesterday in this forum that the shortfall in my property reposession may come back to me in the new rules. All I can say is, if that happens, I will go back to being unemployed. I had thought that once BR, any shortfall was part of the BR.

The company I now work for is one of the major mobile operators, I dont have a thing to do with the financial side of things yet they insist on knowing if I have ever been BR and do a credit file check. Lord knows why though, I have been BR and still got the job (I was asked to explain at some length as to why I went BR).

Just take care that you get discharged before taking a new job, else you may end up paying the rich men that profited from you in the first place, up to 70% of any earnings you get for 3 years after your discharge. it's a minefield so tread carefully, even then you may step on a mine and end up losing an arm and a leg.

fiveyearplan

I went to an agency that specialises in banking and all they asked was if I had any CCJs.