bankruptcy types
Tuesday, July 8th, 2008

What types of jobs are available for individuals with bad credit?
My husband has a foreclosure and a car repossession on his credit not to mention late payments more than 90 days late or never paid. He’s working a dead end job currently and he’s trying to find what sorts of jobs he could do with a military background, medical records release background, retail and management experience. He’s really afraid his credit is going to kill him. He’s going to file bankruptcy once he’s able to raise the money for the fee. What types of jobs may be aquire with his damaged credit? Thanks for the advice and help.
Many but not all jobs are open to people with bad credit.
Note that items that are negatives tend to fall off a credit report after 7 years. Each time something new happens the item will be updated so it looks more recent than it might be. A new bankruptcy filing will not remove the negative credit items. It will settle the accounts but the black marks will stay and appear as if there was recent activity in many cases. Hence it will be 7 years before they fall off. The bankruptcy will stay for 10 years in the public records.
He needs to start doing some research on possible career moves independent of credit. Figure out what is a good career and then see if there are minimum credit requirements.
He also needs to start paying his bills so that the credit going forward is good. Even if he just keeps specific accounts current that can help.
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