Filing For Bankruptcy And Becoming An Insurance Agent

[Nolby5]

Will filing keep me from becoming an insurance agent.

 

[CHUMPS FROM OXFORD]

Geez. You don't have to post the same thing three times. Roy Oswalt would not like it. He's a winner...especially tonight.

 

[xrac]

Will filing keep me from becoming an insurance agent.

No but it might keep you from being appointed with some companies and it may prevent you from getting commission advances.

 

[669comche]

From my understanding, they cannot use the BK against you.

An attorney friend of mine has said if they do try that, it is illegal. Since the BK law was really set up to provide individuals with that "fresh start".

Of course this is theory, what the reality is may be different.....

 

[VolAgent]

From my understanding, they cannot use the BK against you.

An attorney friend of mine has said if they do try that, it is illegal. Since the BK law was really set up to provide individuals with that "fresh start".

Of course this is theory, what the reality is may be different.....

Your attorney friend didn't give you the whole story. A bankruptcy can be used against you in situations involving the handling of money or public trust. Bankruptcy is an indication of a person's character and ability to handle money. In situations that don't involve money, then yes it shouldn't be held against you.

 

[Crabcake Johnny]

Appointments from carriers are at their will and they can deny or remove an appointment without cause or explanation.

 

[arnguy]

Appointments from carriers are at their will and they can deny or remove an appointment without cause or explanation.

Absolutely correct!

 

[Larry Tew]

One year to 18 months discharged is pretty common for companies, and yes indeed they have the discretion to use bankruptcy in their selection process.

 

[Nolby5]

Thanks for the information friends. I am a whistle blower and not a criminal. Sorry about the 3 postings. I didn;t think it was registering and did not know how to delete them.

 

[Crabcake Johnny]

I'm not sure who can't use BK against you. Everyone can. Your credit will be trashed. If you secure credit it will be at the highest interest rates possible.

Any employer can deny you a job. You can't be denied employment based on age, sex, religion, etc...but you can absolutely be denied based on your credit score. Some states are trying to get that changed.

In any case, how would a job candidate prove they weren't hired based on a BK? HR departments are very well trained to never discuss the reason someone wasn't hired. Just "we went with someone else" is all they'll get.