answersLogoWhite

0


Best Answer

It is illegal for an employer to discriminate based on bankruptcy (United States Bankruptcy Code, 11 U.S.C. §525(b) ), however, this code does not provide for specific remedies to such a claim.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If you recently filed for bankruptcy and you got a job offer at a financial institution that requires a fair credit report act is there a good chance of getting the job?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What rules requires transmitting financial institutions to pass along information regarding the transmittal to the next financial institution?

Travel Rule


What is minimum balance?

The minimum amount a bank or other financial institution requires a customer to maintain in his or her account. The institution can set a minimum balance level for any of its accounts, and this amount will vary by institution. Usually, if the required minimum balance is not maintained, the customer is charged various fees for failing to meet the requirements.


Should a Charitable institution seek profit?

A Charitable institution needs to be able to fund its operations in the face of variable income and occasional hard times. To do that it needs to accumulate a financial reserve and that requires taking in a bit more than it sends out. It may not be called a "profit" but it performs the same function in the financial life of the institution. The primary difference between this and a truly for profit institution is that besides salaries no individual or group of shareholders owns that extra and it stays under the control of the management.


What effect will a five year old bankruptcy have on getting bonded that requires a credit check?

What effect will a five year old bankruptcy have on getting bonded that requires a credit check?


Can you file Bankruptcy without a job?

Of course. Filing for bankruptcy, put simply, is showing the court that your debts and financial obligations substantially exceed your income. The fact that you are self employed will not serve as a bar to your bankruptcy application but you will need to show detailed and accurate records of income and various expenses to establish the deficiency.


Will a financial institution accept an antique Ford car when applying for a secured corporate credit card?

No, a financial institution will not accept a car for a secured credit card. A bank requires a monetary deposit for a credit card. You can choose to sell your car to get money to put down, but it would not be wise as the car is worth much more than they are likely requesting you put down.


What type of bankruptcy requires the liquidation of most of your assets?

Chapter 7


What kinds of companies have jobs for financial analysts?

Financial analysts tend to get specialized degrees; with these degrees, some options of jobs vary from working within a bank, investment firm, or other financial institution. There are junior and senior analysts. Most analyst jobs are in banking houses or for financial-advising firms. This is a career that requires a lot of hard work and determination as it is highly competitive.


What are some of the bankruptcy laws when it comes to not notifying my current employer about my bankruptcy filing?

There is no law that requires you to notify your employer that you have filed bankruptcy. It is a public record, though, so it will show up on a background check.


Who judges the qualifications of its own members?

Any properly constituted institution or professional body requires a recognised qualification for membership to that institution.


Explain why judging the efficiency of any financial decision requires the existence of a goal?

Explain why judging the efficiency of any financial decision requires the existence of a goal


What is the relationship between financial 'system' 'instrument' 'market' and 'institution'?

Financial markets Financial markets are forums and sets of rules that allow participants to conduct investment, financial, and hedging operations via different intermediaries, through the trading of various financial instruments. The financial system seeks the efficient allocation of resources among savers and borrowers. A healthy financial system requires, among other things, efficient and solvent financial intermediaries, efficient and deep markets, and a legal framework that defines clearly the rights and obligations of all agents involved. financial instrumentAn instrument having monetary value or recording a monetary transaction.a financial institution acts as an agent that provides financial services for its clients or members. Financial institutions generally fall under financial regulation from a government authority. Common types of financial institutions include banks, building societies, credit unions, stock brokerages, asset management firms, and similar businesses.