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Employers can not hire you for just about any reason by stating something other than the real reason. If they put that down as a reason you may have a case against them but hard to prove.

The first part of the above is correct. The second isn't. Discrimination is not illegal. Discrimination for certain things, in certain situations is illegal. Most noteably...discrim for age, race, religion, origin are generally illegal. However, discrimination for financial reasons is specifically allowed. And to be clear...they aren't even really discriminating against you purely financially in this case..they are more saying that your judgment and planning are shown to be lacking, and that is, absolutely reasonably, not someone they want to employee.

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Q: Can an employer refuse to employ you because you are bankrupt Is this discrimination?
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