Individuals who are facing bankruptcy sometimes believe that attempting to find work while filing for bankruptcy could harm their chances of being considered for a potential job. On the contrary, if you’re looking for work, filing could help your job search efforts.  Let’s take a brief look at how this would work.

Your wages are at risk if you are deeply in debt.  Whether you are currently unemployed or underemployed, creditors will likely seek to garnish your wages to try and get some money back. Filing for bankruptcy will help protect your wages from these creditors, and this could help you to pursue opportunities with higher pay.

Employers are understandably wary of hiring someone with a substantial amount of debt as this means the employer may have to become the “middleman” when creditors come knocking seeking to garnish wages.  A bankruptcy filing means that not only will creditors not be able to garnish wages provided the debts have been discharged, but a potential employer also will not have to deal with the whole wages headaches, giving them a degree of security.

Having to deal with bankruptcy can be uncomfortable and a debtor may think that an employer will frown upon them if they found out about their bankruptcy filing.  This is not necessarily the case.  Filling for bankruptcy shows that the individual is taking the proactive steps to emerge and resolve their financial situation and is, therefore, a responsible person.

These bankruptcy tips are provided to you by Fort Lauderdale bankruptcy attorney Bigge & Rodriguez, P.A.  If you need a Fort Lauderdale bankruptcy lawyer or have questions about Chapter 7 or 13 bankruptcy, call 954.400.7322 to speak with us.  We also specialize in foreclosure defense.