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You wrote, Unlike some jobs, it doesn't prevent someone from being hired as an engineer. A relative has been hired even after a recent bankruptcy.

A finalized bankruptcy kind of puts an end to much of the financial stress that would create the risk. Of course it opens the question for whether or not the root cause might recur. If you can claim the bankruptcy was fundamentally due to an accident or illness that you had insufficient coverage to deal with, a lot of employers would overlook it - especially if it was an engineering position.

And some employers have a harder time competing for talent. They'll overlook a lot to find talent - especially when talent is scarce. A lot of small employers don't do credit checks at all because it would run off a lot of potential employees.

Just like the rest of the interview process, credit reports are a method of screening out candidates. When you don't have a lot of candidates to choose from, you do less screening. My current employer is large and attracts a lot of talent, which is probably why they pull every new recruit's credit report...

- Joel
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