Bankruptcy and My Job

Bankruptcy and My JobBankruptcy and my Job – Nothing happens to your job if you go bankrupt.

Bankruptcy does not prevent you from working. Normally, your employer is not provided your personal bankruptcy information, unless you owe them money. If you are being garnished, a bankruptcy or proposal will stop the garnishee, but your employer will find out you have filed for bankruptcy or proposal from the notice they receive to stop the garnishee. You are still required to file tax returns for any income received during bankruptcy.

There are certain professional licensing authorities that impose particular restrictions on members under bankruptcy. You should confirm with your licensing authority whether or not your bankruptcy affects your ability to practice your profession.

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.  

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