I am currently job hunting in the accounting and finance field. Not great fields to be in with bad credit.
My credit went downhill in 2003 when I began working for myself part time in order to care for my mother. I didn't do too well when it came to bringing in my own clients. I'm no salesperson, that's for sure. I now have several accounts which were written off in 2004, all in collections to the tune of approx. $30,000.
I now have the opportunity to turn my life around and really devote time to trying to straighten all this out, negotiate payment programs, etc. however I also must quickly get back into my career. So assuming I don't have the time to get this cleaned up before seeking employment in my fields (I'll try to stick with temp jobs for a few months which won't check credit), what would hurt me worse when job hunting--a bankruptcy or my bad credit with all the credit history spelled out?
Obviously neither is a good sign for an accountant or financial analyst but again, personal and family problems took precedence at the time. I'm more than willing to begin paying on all my accounts once again if I could actually find a decent job in my field. I'm well qualified and have good experience but I'm afraid these impending credit checks are going to kill almost any shot I may have with a decent position.
Anyone have any experience with this or any suggestions? I'm beginning to think bankruptcy may be better since I won't appear to be under any type of temptations that may lead to anything illegal on my part (though that certainly would never be the case but how do they know that??).
I really want to get my career going once again in order to get back on good financial ground and get my own life going once again but it seems to be a catch 22 I'm in here.....no job, no fixing my credit--no fixing my credit, no job (or at least no decent one in my field).
And is there by chance some salary cut-off at which they begin checking credit or do they check credit at all salary levels in financial/accounting fields?
I hope someone has some ideas about this..I'm dying to get my career going again now that my life is once again mine to manage. Thanks for any help or suggestions!