Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

BA asked in Business & FinancePersonal Finance · 1 decade ago

Can you get a new high paying job after you file bankruptcy but before its discharged?

I am about to file bankruptcy and next month I am planning on starting a new job that pays around 50K/yr. Will this affect the BK?

Update:

I know the owner of the company and the BK will not affect me getting hired.

6 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    Once your case is filed, you can pretty much do anything you want with employment. Generally, if you get the job AFTER the 341 Meeting of Creditors (the trustee meeting), then it won't matter.

  • Anonymous
    7 years ago

    I was on the same situation and this site helped me HTTP://HELP.FINANCE-SOLUTIONS.INFO

    RE Can you get a new high paying job after you file bankruptcy but before its discharged?

    I am about to file bankruptcy and next month I am planning on starting a new job that pays around 50K/yr. Will this affect the BK?

  • 1 decade ago

    Make sure you have the job before you file for bankruptcy. Many companies will not hire you if you've filed bankruptcy.

    But then, if you get a 50k/year job, you may not qualify for bankruptcy. You should talk with your bankruptcy attorney about how the income will affect your filing, but I filed for bankruptcy myself and I can tell you that most employers will not hire you with a bankruptcy on your credit report.

    You also can't rent an apartment if you have declared bankruptcy. They will not approve you when they pull your credit report.

  • 1 decade ago

    A job that is going to pay you more income may affect your BK. It depends on how much more, whether you are filing Chapt 07 or 13, and how much debt you have to begin with. You left out too much detail to comment any further.

    The best thing to do is ask your BK lawyer since he/she has your whole financial picture.

  • How do you think about the answers? You can sign in to vote the answer.
  • ?
    Lv 6
    5 years ago
  • Anonymous
    7 years ago

    This site can solve your problem very fast: http://www.credit-compare.net/

Still have questions? Get your answers by asking now.