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Bankruptsy

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You are reading page 3 of Bankruptsy. If you want to start from the beginning Go to First Page.

Why would a nurse be held to a higher financial responsibility than a Trump, or a corporation, or a city, or the several states that would love to be able to file bankruptcy.

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I have been in Hospital Administration much longer than nursing, hence my masters in Health Administration.

So, I am giving first hand information rather than opinions.

By the way, a hiring manager isn't privy to employee background checks.

Background/credit checks are not to see what your credit score is. Credit checks allow HR to note previous employment, addresses, etc. to compare this with the information provided on your application.

There are several facilities in this area that will perform a credit check along with the criminal background check.I am not understanding why they would go to the added expense of running a credit check to confirm the work history given on the application when they can make a cheap phone call.

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There are several facilities in this area that will perform a credit check along with the criminal background check.I am not understanding why they would go to the added expense of running a credit check to confirm the work history given on the application when they can make a cheap phone call.

Because it resolves a couple of issues with one stone.

It verifies employment. Potential employers can avoid the potential drama of people with terrible drama. Individuals with poor credit are a higher risk of financial abuse.

Is it 100% true? Absolutely not but try to get a job with the FBI, getting a security clearance, or working for corrections with poor credit.

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Because it resolves a couple of issues with one stone. It verifies employment. Potential employers can avoid the potential drama of people with terrible drama. Individuals with poor credit are a higher risk of financial abuse. Is it 100% true? Absolutely not but try to get a job with the FBI' date=' getting a security clearance, or working for corrections with poor credit.[/quote']

Absolutely!! Which is why having a bankruptcy on your record could be detrimental to your nursing career. Just like having a DUI or other dings against you.

Sent from my iPhone using allnurses.com

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The issue is a nurse with bad credit, not an apllicant for the FBI or for a financial position. And as far as resolving issues- a credit report may or may not have your current or past employers, and likely contains all kinds of errors, so does it really resolve issues, or lead to more 'drama'? I gave up long ago trying to correct errors on my credit reports- wrong names, addresses I never heard of, and the like. As far as the expense, well- I doubt employers pay more than a few cents, maybe a few $, to obtain a credit report. And as all these 'reports' become even easier to obtain (with or without consent, laws or no laws), there will me ever more 'reports' to be had to use as a reason not to hire anyone, for any reason.

Here's a good point to ponder: Since we have bankruptcy protection laws in America (that millions of people and corporations and cities use to their advantage), is it better to simply not pay your bills, or is it the right thing to do to take advantage of our bankruptcy laws, which shows an attempt to get back on the right track?

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The issue is a nurse with bad credit, not an apllicant for the FBI or for a financial position. And as far as resolving issues- a credit report may or may not have your current or past employers, and likely contains all kinds of errors, so does it really resolve issues, or lead to more 'drama'? I gave up long ago trying to correct errors on my credit reports- wrong names, addresses I never heard of, and the like. As far as the expense, well- I doubt employers pay more than a few cents, maybe a few $, to obtain a credit report. And as all these 'reports' become even easier to obtain (with or without consent, laws or no laws), there will me ever more 'reports' to be had to use as a reason not to hire anyone, for any reason.

Here's a good point to ponder: Since we have bankruptcy protection laws in America (that millions of people and corporations and cities use to their advantage), is it better to simply not pay your bills, or is it the right thing to do to take advantage of our bankruptcy laws, which shows an attempt to get back on the right track?

I'm sorry, were you under the impression that the FBI, corrections, or employers that would require a security clearance do not employ nurses?

Nurses deal with an extremely vulnerable population, its a no-brainer as to why someone might want someone with at least a marginal credit rating when dealing with their patients.

It is best to make good on the promises you made and honor your contracted debt and do what you said you would do. If you cannot, for whatever reason, then by all means file bankruptcy. Just please do not whine about people judging you because of it and/or not hiring you. Bankruptcy is not a freebie.

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My hospital does criminal background checks, not credit checks.

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Because it resolves a couple of issues with one stone.

It verifies employment. Potential employers can avoid the potential drama of people with terrible drama. Individuals with poor credit are a higher risk of financial abuse.

Is it 100% true? Absolutely not but try to get a job with the FBI, getting a security clearance, or working for corrections with poor credit.

I guess it's true, too that a facility has to be careful what they say when a potential employer calls to check the facts on the application.

I hear you regarding the drama ,too. When a repo truck pulls onto the property at the LTC there is almost a total work stoppage and the building almost tilts as all concerned staff run to the front windows to see if it's their car going up on the flat bed. And the calls from the bill collectors-many of the staff won't get on the phone and demand these people stop calling them at work as is their right. I have had some callers get really nasty with me when they called looking for someone on their day off.

Many of us are extremely underpaid for the work we do and the responsibility we carry but I don't have much sympathy for anyone who is in such a position because they have truly made poor choices. Some of these people spend more a month on lunches , nail and hair care and cell phones then my car payment.

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Sometimes bankruptcy is the only way out.

I believe close to 2/3rd is because of Medical expenses.

Someone survives cancer or a child has a devastating illness that has made thousands of dollars in medical bills that they can never dig out of.

I think a little kindness and grace might be in line.

Any one of us could be traveling that road so easily.

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Sometimes bankruptcy is the only way out.

I believe close to 2/3rd is because of Medical expenses.

Someone survives cancer or a child has a devastating illness that has made thousands of dollars in medical bills that they can never dig out of.

I think a little kindness and grace might be in line.

Any one of us could be traveling that road so easily.

Some of us actually prepare for disaster and invest in decent health insurance, and have more than once policy. Plus a savings account. Plus life insurance. Plus disability insurance. Plus car insurance. Plus renters insurance. Plus AAA. Plus malpractice insurance. Plus we store food. Did I say a savings account? :eek:

The kindness and grace is the bankruptcy but it is not absolution. A part of being an adult is being prepared and taking responsibility for the things that you did not prepare for.

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Some of us actually prepare for disaster and invest in decent health insurance, and have more than once policy. Plus a savings account. Plus life insurance. Plus disability insurance. Plus car insurance. Plus renters insurance. Plus AAA. Plus malpractice insurance. Plus we store food. Did I say a savings account? :eek:

The kindness and grace is the bankruptcy but it is not absolution. A part of being an adult is being prepared and taking responsibility for the things that you did not prepare for.

The world is not always so black and white.

Good evening to you.

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I'm sorry, were you under the impression that the FBI, corrections, or employers that would require a security clearance do not employ nurses?

Nurses deal with an extremely vulnerable population, its a no-brainer as to why someone might want someone with at least a marginal credit rating when dealing with their patients.

It is best to make good on the promises you made and honor your contracted debt and do what you said you would do. If you cannot, for whatever reason, then by all means file bankruptcy. Just please do not whine about people judging you because of it and/or not hiring you. Bankruptcy is not a freebie.

Nobody in here said it was a 'freebie', but is 'is' a federal law that protects us all, whether you like that or do not. And if you haven't been informed of reality- the 'vast' majority of individuals that have file, or do file for bankrutcy protection do so because of medical bills- and since the OP posted this in a nursing forum, the hypocrisy of the replies berating the OP can't possibly be overlooked or explained away. If you feel you are immune to such tragic events, by virtue of personal wealth- thus, no need to rely on health insurance to 'cover you', then good for you. Most of us are not in that minority.

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