Bankruptcy Question & Answer Forum - Canada

Author:		Catherine
Date:		July 21, 2005
Question:		I am trying to obtain employment in the banking industry again and wonder if a past bankruptcy will affect my being considered for this. Am I still bondable if everything was final with my banruptcy for over 7 years? Do I still need to declare past bankruptcy if it no longer shows on my credit report?
From:		Bruce, Alger & Associates Inc.
Date:		July 24, 2005
Answer:		The fact that you have been bankrupt is a matter of permanent public record which can be determined with a simple search. It would be unwise to not disclose a prior bankruptcy if asked. Bonding is a matter of choice for each bonding company, but I believe you would be bondable. The same comment goes for employers. Each employer will make its own decision regarding your suitability and a past bankruptcy will be one more factor for them to consider. Bruce Alger phone: (403) 296-2970 balger@alger.ca