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Bankruptcy

Posted By: Kathy on 2007-05-16
In Reply to: I wonder what she plans on doing next? - sm

I hear she is in the midst of bankruptcy.  Does not surprise me.


 




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I have never done bankruptcy but
while I was changing jobs last year I noticed a clause in one of the proposed contracts from a large teaching hospital provider on the West Coast that said that the declaration of bankruptcy by any MT would result in immediate termination. I am not a lawyer and do not know if this is legal but it sounded pretty nasty. They did not sound like people I would like to work for even though I have an excellent credit rating so I did not pursue it.
ex bankruptcy atty
As an ex bankruptcy attorney and someone who has filed myself, this should not have any effect on your employability, unless you are in a sensitive financial field. Certainly not as an MT.

The bankruptcy laws were originally put in place to give people a fresh start. The current reformed law makes it more difficult, but still it is there for a fresh start for you and your family.

Why anyone would even consider it a problem for an employee is beyond me, even in a cash handling business.

Quig
I have several friends who are in bankruptcy
right now, mostly from the shenanigans over at Medquist. My dearest friend was so embarrassed and ashamed and felt it was a dishonorable thing to do. She had her back against the wall (she lost her house too, it was foreclosed) and I told her there is nothing dishonorable about falling on hard times. Perhaps all of the people who judge those who are having a tough go of it ought to remember that they have not walked in others' shoes.
Good luck getting your $ TTS has been in bankruptcy
.
For sure. Since they're in bankruptcy and reorganiz
ing, guess they had enough money left over to build a nice new building in India.  Better start packing. 
where do you find info that they are in bankruptcy?
nm
Has anyone filed bankruptcy, had a credit report
I give up :(.  I'm going to file bankruptcy but I'm concerned I won't be employable after that with another MTSO (or any other company; they almost all require credit reports these days).