It is rare for someone to lose their employment following bankruptcy - the only difficulties arise is where someone is financially licenced such as mortgage broker/advisor etc (or stangley a Croupier). If you have concerns have a look on your contract of employment to see whether there is a clause re bankruptcy. The Offcial Receiver does not normally inform employers of the bankruptcy but you would have your tax code changed to a 'BR code' which may lead to your employer finding our about your bankruptcy. I usually recommend an individual who comes to me for adivce to have a chat with their HR section/line manager if they have any concerns. Incidentally i had a number of staff file for bankruptcy during my many years employed in the Insolvency Service, and their bankruptcy did not cause any difficulties, but they had advised me/HR of their intentions. Most employers are only too happy to see a member of staff take steps to sort out their financial situation - it is far better than having a member of staff suffering from high levels of stress outside of the workplace as this can have an effect of performance. I have also dealt with many staff working in banks/police etc again, little difficulty, provided they spoke to their HR. The last thing you want is for an employer to 'find out' from elsewhere.
I cannot unfortunately state what will happen in your particular circumstance as i have no idea what your employement/role is, but if youwould like to post further info i would be only to happy to respond
Melanie Nicholas 29 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk telephone 01792 899996
will i still keep my job ?
Posted - 08 September 2010 : 21:47:11
