Bankruptcy

  • Creator
    Topic
  • #157406
    JM2010FL
    Participant

    I just passed my last part of the exam. But I have to file bankruptcy due to business and family personal health issues. Does anyone know if it’s better to file bankruptcy before or after getting a license?n

    n

Viewing 10 replies - 1 through 10 (of 10 total)
  • Author
    Replies
  • #270195
    jeff
    Keymaster

    I am very sorry to hear about your situation!

    n

    This is a question for your bankruptcy attorney for sure. They are the experts and bankruptcy laws vary by state.

    n

    -Jeffn

    n

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

    #270197
    JM2010FL
    Participant

    Thanks acrua112….I think I'll sleep a little better tonight…loln

    n

    #270198
    jccjr
    Participant

    JM2010FL

    n

    I am inteested to know how your filing turned out with your CPA credential.

    n

    I filed in 2010 also, CH 13, will be off my credit report in 5 more years, thankfully.

    n

    I spent all of 2010 passing the CPA. Not one employer will touch me. I understand their apprehension in hiring an accountant who possibly did not manage their own finances correctly.

    n

    My situation was due to the economy just like many other people. But I know for sure now that I am being declined job offers in the accounting industrry due to my CH 13, discrimination allowed or not. I see their inquiries on my credit report and then I get the decline letter, even after round 3 of interviews when I authorize them to run my background.

    n

    It completely sucks, but thankfully PA has a 10 year limit on getting your hours in to obtain the license, so I haven't thrown in the towel yet, and I will sitll have 6 years to get the experience done after it is off my record, so I BETTER be employed by then or I suck.

    n

    Unitl then, I have to just try some less professional industry work to get myself financially stable again and put my background and education and credentials aside for now.

    n

    I am also thinking of hitting the smaller local tax offices for employment where they might not run my credit or see it as such a negative thing. I'm a nice and smart guy, I know that, but an employer sure does not know that by seeing a ch 13 on my record. I completely understand their apprehension.

    n

    Tell me how you have made out.n

    n

    FAR 83 AUD 90 BEC 76 REG 80
    DONE!!
    Yaeger CPA Review and Roger CPA Review for AUD

    #270199
    NJCPA2B
    Participant

    jccjr, I'm not sure what your problem is?
    nAre you saying you can't get hired under a CPA to get your experience in order to get your CPA license?
    nOr that you do have your CPA license and can't get hired?

    n

    What is your experience level?n

    n

    BEC=77, FAR=78, REG=73,74,80, AUD=70,69, 84 DONE!

    #270200
    JM2010FL
    Participant

    I just passed my last part of the exam. But I have to file bankruptcy due to business and family personal health issues. Does anyone know if it's better to file bankruptcy before or after getting a license?

    #270201
    jeff
    Keymaster

    I am very sorry to hear about your situation!

    This is a question for your bankruptcy attorney for sure. They are the experts and bankruptcy laws vary by state.

    -Jeff

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

    #270202
    Anonymous
    Inactive

    “11. If I am a CPA and file bankruptcy, will that affect my license?

    No. The two are not related. “

    This is from FL board of accountany website (FAQ page).

    https://www.myfloridalicense.com/dbpr/cpa/faq-general-inquiries.html

    #270203
    JM2010FL
    Participant

    Thanks acrua112….I think I'll sleep a little better tonight…lol

    #270204
    jccjr
    Participant

    JM2010FL

    I am inteested to know how your filing turned out with your CPA credential.

    I filed in 2010 also, CH 13, will be off my credit report in 5 more years, thankfully.

    I spent all of 2010 passing the CPA. Not one employer will touch me. I understand their apprehension in hiring an accountant who possibly did not manage their own finances correctly.

    My situation was due to the economy just like many other people. But I know for sure now that I am being declined job offers in the accounting industrry due to my CH 13, discrimination allowed or not. I see their inquiries on my credit report and then I get the decline letter, even after round 3 of interviews when I authorize them to run my background.

    It completely sucks, but thankfully PA has a 10 year limit on getting your hours in to obtain the license, so I haven't thrown in the towel yet, and I will sitll have 6 years to get the experience done after it is off my record, so I BETTER be employed by then or I suck.

    Unitl then, I have to just try some less professional industry work to get myself financially stable again and put my background and education and credentials aside for now.

    I am also thinking of hitting the smaller local tax offices for employment where they might not run my credit or see it as such a negative thing. I'm a nice and smart guy, I know that, but an employer sure does not know that by seeing a ch 13 on my record. I completely understand their apprehension.

    Tell me how you have made out.

    FAR 83 AUD 90 BEC 76 REG 80
    DONE!!
    Yaeger CPA Review and Roger CPA Review for AUD

    #270205
    NJCPA2B
    Participant

    jccjr, I'm not sure what your problem is?

    Are you saying you can't get hired under a CPA to get your experience in order to get your CPA license?

    Or that you do have your CPA license and can't get hired?

    What is your experience level?

    BEC=77, FAR=78, REG=73,74,80, AUD=70,69, 84 DONE!

Viewing 10 replies - 1 through 10 (of 10 total)
  • The topic ‘Bankruptcy’ is closed to new replies.