In most situations, bankruptcy won’t affect your current employment. If you are looking for a new job, a potential employer could become aware of your bankruptcy on your credit record. Federal, state, and local government agencies are prohibited by law from using your bankruptcy as a reason not to offer you a job. However, in private industry, while most employers do not conduct a credit check, when you are applying for certain jobs such as in the financial industry, employers may conduct a credit check as part of their hiring process.