Your Credit Score and Employment … A ‘Revolving’ Problem
A San Jose Bankruptcy Lawyer talks about
In these tough and troubling employment times, employers have the luxury to be more choosing and scrutinizing throughout the interview process. No longer can the average individual be picky about his job choice. On top of your employment history, personal references, and writing samples, employers are now turning to your credit score as a means of scrutinizing an applicant. The theory behind this is that an employee with poor credit history is more likely to (a) focus less on their work and more on their debt, and (b) more likely to steal or manipulate the employer’s money. The Society for Human Resource Management polled its members in 2006, 43% of their companies ran credit checks on some or all potential hires.
This tactic does not seem fair. How can one stay out of the trap of negative credit marks? Without a job it is impossible to pay bills on time, and with missed payments it is impossible to get a job. A few important things to know about an employer who does pull a credit report as part of the interview process. First, the employer must notify you that they are doing so. This seems irrelevant due to the fact that if you refuse said request, the employer is likely not to hire you regardless of your credit score. Second, a potential employer must state on which marks they relied upon from your credit score. Lastly, under Title 11 of the United States Code (the Bankruptcy Code), an employer may not discriminate against an applicant based upon a bankruptcy on their credit. This point is drawn moot as most individuals who file for Chapter 7 or 13 protection are doing so because they have many missed payments, high credit balances, and negative marks on their credit. This gives the employer ample opportunity and excuses to deny employment.
If you have questions regarding Bankruptcy in San Jose please contact us at 408.279.2288 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Jose Bankruptcy Attorneys. After you have spoken with one of our downtown San Jose bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of San Jose Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Jose and the South Bay!
