I Heard That . .. I Won' t Qualify for Student Loans, Jobs, or Apartment Leases.

The government will generally not be able to discriminate in granting government guaranteed student loans or entitlements like disability, food stamps or unemployment.

Your current employer cannot take action against you simply because you filed bankruptcy.  Future employers can but so many people have filed that many look at this mostly to see if something went wrong in the case or if you got rid of the old debts so you won't be tempted to steal from them to pay your debt off instead.

It is not against the law to refuse to rent or make other loans to you, though. But since so many people have filed bankruptcy over the years there is virtually always someone willing to do business with our former clients.

You may have to look harder -- and you should make certain you keep up your credit after the bankruptcy so you can prove you are a better risk than you used to be.
Copyright 2007-11 Sherk & Swope, LLC
Member: Bankruptcy Law Network
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