CALL FOR A FREE
INITIAL CONSULTATION
813.254.5696

BRIDGING YOU TO A BRIGHTER FUTURE

Job Hunting? How Bankruptcy Can Help

Job Hunting? How Bankruptcy Can Help

If you’ve been searching for a job, while also worrying about financial issues, you are not alone. Whether a job loss triggered your financial woes or just added to them, things might seem bleak if your struggles just continue to worsen. And if things are dire enough to consider bankruptcy, you are likely wondering how filing could affect your chances of being hired.

The truth is, filing for bankruptcy in Tampa could actually improve your chances for employment. This varies from job to job, so it’s important to consider the field in which you are applying for employment, but for many, filing for bankruptcy is going to provide a number of positive benefits, including the likelihood of finding a new job.

What do you need to know about bankruptcy and your job hunt?

Wage Garnishment

One of the most embarrassing aspects of struggling with debt is the risk you face for wage garnishment. In some cases, your creditors will have the ability to garnish your earnings, which means your employer will know you are struggling financially.

By filing for bankruptcy, you are limiting the ability of creditors to access your paycheck to collect their money. By preventing your wages from being garnished, your new employer might not ever know you are facing financial difficulties.

For more information on wage garnishment, check out the US Department of Labor’s website.

Proves You Have Control of the Situation

Though it might seem as if bankruptcy is an indication your life is out of control financially, the opposite is actually true. Bankruptcy is an action step. It shows everyone aware of your financial struggles that you have taken control of the situation, and that if things aren’t perfect right now, you are working your way toward making them better. If a prospective employer becomes aware of your bankruptcy, he or she will likely view you as someone willing to face a problem head on and do what is necessary to solve that problem.

Create a Sense of Trustworthiness

Applying for jobs overwhelmed by debt can leave prospective employers with the sense you are desperate – and potentially a security risk. Some people, faced with frightening financial problem, will make unethical choice. Even if you are not the type to sacrifice your values to resolve your financial situation, a potential employer cannot determine that in advance, so they’ll pass on your candidacy for employment. By filing for bankruptcy, you are making yourself a less risky employee.

Dealing with Your Interview

So how should you handle a job interview if you are asked about bankruptcy? The best thing to do is to be honest.

Share some details about what led to your bankruptcy – job loss, relationship status change, medical bills – and be clear that you did what you could to resolve the problem. Make sure whatever debts are left after your bankruptcy are paid on time and meet the other obligations of your bankruptcy. In most cases, prospective employers are willing to overlook bankruptcy, provided the applicant shows responsibility and is otherwise qualified for the job.

Are you concerned about finding employment because of money issues? Do you have questions about bankruptcy and job hunting? We can help. Contact the Law Offices of Robert M. Geller at 813.254.5696.

 

Tampa Bankruptcy Law Blog

Are You Too Old to File Bankruptcy? What Seniors Need to Know about Bankruptcy?

Filing for Bankruptcy in Old Age If you subscribe to the adage “you’re only as old as you feel,” chances...
Read More
How are Co-Signers Affected by Bankruptcy?

How are Co-Signers Affected by Bankruptcy?

Co-signers and Bankruptcy If you’re considering co-signing a loan for a friend or family member, or you have a loan...
Read More
Three Reasons Why Bankruptcy May Be Your Best Choice To Relieve Financial Distress

Three Reasons Why Bankruptcy May Be Your Best Choice To Relieve Financial Distress

3 Reasons to File Bankruptcy There are few things as frightening as financial struggles. Not knowing where your next paycheck...
Read More
Three Ways Your Bankruptcy Could Affect Your Kids

Three Ways Your Bankruptcy Could Affect Your Kids

Bankruptcy and Kids If you’re like most parents who try their best to protect and provide for their children, you’ve...
Read More
Tips for Avoiding Bankruptcy Case Dismissal

Tips for Avoiding Bankruptcy Case Dismissal

Prevent Dismissal of a Bankruptcy Case Bankruptcy can be a simple process that can help you manage your debt, but...
Read More
Tampa Bay Attorney Robert M. Geller Joins Money Talk on Friday August 9, 2019 to Discuss Bankruptcy

Tampa Bay Attorney Robert M. Geller Joins Money Talk on Friday August 9, 2019 to Discuss Bankruptcy

Robert M. Geller Will Appear Live Friday, August 9, 2019 to Discuss Bankruptcy and Answer Questions about Debt Resolution, Facts...
Read More
What are Your Bankruptcy Options?

What are Your Bankruptcy Options?

How Bankruptcy Works Bankruptcy can be a powerful tool to help you get back on track financially. But before you...
Read More
Bankruptcy and Your Tax Return

Bankruptcy and Your Tax Return

How Bankruptcy Can Affect a Tax Return Receiving an income tax return can feel great and help you get caught...
Read More
Borrower Beware! What You Need to Know about Debt Relief Services

Borrower Beware! What You Need to Know about Debt Relief Services

Are Debt Relief Sevices Legit? If you feel as if you are drowning in debt you’ve no doubt considered a...
Read More
Four Mistakes to Avoid When Managing Your Finances after Bankruptcy

Four Mistakes to Avoid When Managing Your Finances after Bankruptcy

Avoid These Common Financial Mistakes After Filing for Bankruptcy Managing your finances after bankruptcy can be a challenge, especially if...
Read More

Contact Us

Search Website

Archive

Request a FREE Consultation

For The Next 5 Days Get A Free Book About Bankruptcy


 
comodo10.0Robert Marc Geller
Robert Marc GellerClients’ ChoiceAward 2018Robert Marc GellerReviewsout of 32 reviewsLEA

We are A Debt Relief Agency.
We help people file for
bankruptcy under the Bankruptcy Code

Pay Online   Bankruptcy Courses   

Tampa Office

$Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405


Tampa Law Office Map

St. Petersburg Office

$Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G

St. Petersburg, FL 33701
T: (727) 532-3939


Map and Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320





Maps & Directions

At the Tampa Bay law firm, the Law Offices of Robert M. Geller, P.A., we help people with consumer bankruptcy matters in the Tampa Bay-St. Petersburg,  Florida communities such as Clearwater,     St. Petersburg, Tampa, Thonotosassa, Riverview, Lutz, Plant City, Brandon, Carrollwood, Wesley Chapel, St. Petersburg Beach, Lakeland, Mulberry, Dade City, Pinellas Park, Largo, Seminole, Odessa, Oldsmar and Lithia, and counties such as Hillsborough County, Pinellas County, Pasco County, Polk County and Manatee County.