Bankruptcy Background Checks for Employment

When hiring for a position responsible for handling money or finances, a bankruptcy search is essential. Federal bankruptcy searches return all bankruptcy information in a candidate’s file.

And checking for a history of bankruptcy gives you insight into a candidate’s financial accountability and track record. We’ll help you learn about your candidates’ history, so you can make informed decisions.

This search is ideal for:

CPAs
C-level executives
Financial and banking staff
Employees responsible for handling money or financial information

Results include information related to:

Chapter 7 bankruptcy
Chapter 13 bankruptcy

Chapter 7 and Chapter 13 bankruptcy deal with individual consumers. Chapter 7 involves the liquidation or transfer of ownership of assets to pay debts to creditors. Chapter 13 involves a set term, typically 3 to 5 years, for a consumer debtor to pay back debts.

As with all background checks, the Fair Credit Reporting Act (FCRA) and various other state and federal laws apply to consumer reports. Work with your legal counsel to decide which searches and verifications are required, and best for specific positions and risk levels in your organization.