
Usually after someone's bankruptcy is discharged, they start receiving credit offers in the mail as soon as a couple of weeks. They're not the greatest offers - they may be for a $500 limit credit card with an 18% rate - but at least it's a start. Usually two years after a bankruptcy discharge you can buy a house. The FHA and a couple other lenders will finance people that soon. Buying a car is also quite easy, some lenders will even finance you DURING your bankruptcy! It is very difficult to find out if someone has filed bankruptcy, because although it is a public court record, those records are kept in a password-protected database by the federal courts. Generally only attorneys who practice law in those courts have access to it. I have never found any record of my clients' bankruptcies doing a Google search.
In most situations, your employer will not be notified of your bankruptcy (generally only if you owe your employer money or your paycheck is being garnished). If they find out, federal law prohibits them from taking any action against you. They also cannot fire you for having your paycheck garnished the first time, although if there is a second garnishment things can change. A potential future employer may find out about your bankruptcy if they run a credit check on you. They *may* choose not to hire you based on a bankruptcy. However, they may also choose not to hire you based on just having bad debts, so filing a bankruptcy may not make things any worse. When a bankruptcy shows up on your credit report, it erases all of the bad debts from showing up anymore. A bankruptcy lasts on your credit report for 7-10 years, but most people's credit scores start improving by 100 points within a year after their bankruptcy.

The Alexander Bankruptcy Law Firm provides low low cost Chapter 7 and 13 personal bankruptcies. $995 Chapter 7 or $2500 Chapter 13 bankruptcies plus court filing fee. Free consultation with a compassionate attorney who will handle your case personally. Call 24/7, available to meet with you around your schedule. 602-910-6812. Conveniently located in Central Phoenix along the Camelback corridor. AlexanderBankruptcyLawFirm.com
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