Bankruptcy Law and your job - Punitive or not?


There is no general law of the land which would result in you losing your job if you were made bankrupt.

In fact, the position is quite the opposite. The Human Rights Act 1998 is aimed at protecting the individual from the above.

In particular circumstances however, it may well be reasonable for your employer to amend your job description.

For example if you are a solicitor the Solicitors Regulation Authority may remove your practicing certificate, but they will usually give it back to you, but with conditions, such as not being able to handle client monies.

If needed take advice in this area.