How Will Bankruptcy Affect My Job in Denver, Colorado?

Learn more about whether bankruptcy will affect your job in Colorado.I am often asked how filing for bankruptcy will affect a person’s job in Littleton, Aurora, or Centennial, or how it will affect their ability to get a job in the future. As an experienced bankruptcy attorney, I can tell you that in most cases, a bankruptcy is often a neutral factor, and in many, it reflects positively on a person’s character. Let me explain what I mean.

How a Bankruptcy Can Reflect Positively On Your Character

There are many reasons why people file for bankruptcy in Greenwood Village, Englewood, or Lone Tree. The three most common reasons are: 1) Job loss, 2) medical emergencies or a long-term illness, and 3) a divorce. Most of these items are often out of your control, and can be explained to a boss or potential boss. Most people understand and have compassion in these situations. The reason a bankruptcy can reflect positively on your character is because it is better to deal with problems instead of pushing them onto a backburner. When you are explaining your bankruptcy to an employer or potential boss, let them know you wanted to eliminate your debt in a legal way so that you could get a financial clean slate. Bankruptcy is a legal, up-front way to tell creditors that you cannot repay the debt they hold. This ability to take control of your life is a positive aspect of your character.

[pullquote align=”center” textalign=”center” width=”100%”]Filing for bankruptcy illustrates your ability to take control of your life and finances.[/pullquote]

Do You Work in Law Enforcement? Here’s What You Need to Know

If you work in law enforcement and have a security clearance, it is important to understand that a bankruptcy will trigger a review of your clearance. It’s important to understand that law enforcement agencies aren’t concerned with the bankruptcy itself, they are concerned with the reason you filed for bankruptcy. Gambling debt, compulsive spending, or other addictive behavior are what they are looking for. After all, a person desperate for money might do something illegal to get it. If you work in law enforcement and you are considering Chapter 7 or Chapter 13 bankruptcy, start working on fixing the behavior which caused you to be in debt (if it is due to addictive behavior, such as gambling).

Why You Need an Experienced Bankruptcy Attorney

If you are considering filing for bankruptcy in Parker, Highlands Ranch, or Sheridan, it is wise to contact an experienced bankruptcy lawyer. Some employers (such as those in the financial sector) frown upon filing for bankruptcy. Because of this, it is important to know your rights and get a good picture of whether or not bankruptcy is right in your situation. A skilled bankruptcy lawyer like Barry Arrington will be able to guide you through the process so you can get the best fresh start possible.

Are you concerned about how filing for bankruptcy will affect your job in Thornton, Aurora, or Littleton? Call now to request your free consultation meeting with Barry Arrington, a bankruptcy attorney at 303-205-7870 or submit the “Get Help Now” form to begin your journey toward financial freedom.

 Image courtesy of stockimages / FreeDigitalPhotos.net