Bankruptcy Questions Answered

which is worse?

Asking for a friend: what’s worse on a credit check- unpaid debt or recent bankruptcy? A friend of mine is in the process of filing bankruptcy due to some oppressive credit card debt from high school, a long stretch of unemployment, and some personal issues. He’s currently employed, but wants to look elsewhere.

He’s wondering if it would be better to apply now, and deal with a credit check with bad debt, or wait until the bankruptcy is done and have that on his record.

So, anyone who does hiring and looks at such things, which would put you off more?

For the record, he’s gainfully employed at a start-up, has been promoted twice within the year, but has basically reached as far as he can at the current company short of upper management.