By: Daniel Stone
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Will I get fired for filing bankruptcy?
In 11 years of practicing bankruptcy law, I have never had a client complain to me about losing a job due to filing bankruptcy. In fact, I have had multiple clients obtain military security clearances after filing for bankruptcy. One of the reasons for this is that the bankruptcy code has a section that protects Debtors from being discriminated against for filing bankruptcy. 11 U.S.C. 525. Private employers cannot terminate the employment of someone who has filed for bankruptcy. Government employers cannot deny employment or terminate employment due to someone filing for bankruptcy. In addition, the government cannot revoke a license due to a bankruptcy filing.