Bad Credit/Bankruptcy...& getting a job?

do not file bankruptcy until he gets a job. bigger firms are more strict about credit than smaller firms. ive heard of reps getting hired with less than perfect credit.

why did he leave ejones if he was doing well?

best of luck. 

Ok, that’s good to know, thank you. Do you know what firms work more with bad credit?

There was a big personal dispute between him and some other people there…part of the long story that got us here. It wasn’t in our best interest to stay at that point, even though he had done well there.
Thanks for the help by the way!

[quote=fullcircle]Ok, that's good to know, thank you. Do you know what firms work more with bad credit?

There was a big personal dispute between him and some other people there....part of the long story that got us here. :( It wasn't in our best interest to stay at that point, even though he had done well there.
Thanks for the help by the way! :)
[/quote]

Could he have stayed if he had wanted to? I mean...did he get fired?

His best route may be to go with an insurance company and then get hooked up with their B/D.  The credit will still be an issue, but possibly not as big of one.

For your sake, hope that he was as successful as you think he was.  Little success combined with bad credit... forget about it.

[quote=Bobby Hull]

[quote=fullcircle]Ok, that’s good to know, thank you. Do you know what firms work more with < id=“google-toolbar-hilite-0” style=": Yellow; color: black;">bad</> < id=“google-toolbar-hilite-1” style=": Cyan; color: black;">credit</>?

There was a big personal dispute between him and some other people there…part of the long story that got us here. It wasn’t in our best interest to stay at that point, even though he had done well there.
Thanks for the help by the way!
[/quote]

Could he have stayed if he had wanted to? I mean...did he get fired?

[quote=anonymous]

For your sake, hope that he was as successful as you think he was.  Little success combined with < id="google-toolbar-hilite-0" style=": Yellow; color: black;">bad < id="google-toolbar-hilite-2" style=": Cyan; color: black;">credit... forget about it.

[quote=fullcircle] [quote=Bobby Hull]

[quote=fullcircle]Ok, that's good to know, thank you. Do you know what firms work more with < id="google-toolbar-hilite-0" style=": Yellow; color: black;">bad < id="google-toolbar-hilite-1" style=": Cyan; color: black;">credit?

There was a big personal dispute between him and some other people there....part of the long story that got us here. :( It wasn't in our best interest to stay at that point, even though he had done well there.
Thanks for the help by the way! :)
[/quote]

Could he have stayed if he had wanted to? I mean...did he get fired?

[/quote]

he could have stayed.
[/quote]

If that's true, and he just quit without anything to do, you're married to a fool and you should get rid of him.

Between us kids, though...I don't believe the part about how he could've stayed.

Thanks for your input Bobby Hull…moving on to the topic at hand…

[quote=fullcircle]Thanks for your input Bobby Hull...moving on to the topic at hand... [/quote]

Welcome to the 'Nam.

[quote=fullcircle]Thanks for your input Bobby Hull...moving on to the topic at hand... [/quote]

We are talking about your husband getting back to work as a broker, aren't we? If so, the truth about his departure is very relevant and will shape the guidance that you get. Don't take it personally.

Has your husband been getting interviews and with whom. Is the credit situation the non-starter here? Back in my wirehouse days, credit history was an issue after things went well, not before they didn't.

If he's a hunter and can get the job done, credit history is a situation to be addressed after his potential manager wants him on board...it shouldn't be a leading/exclusionary issue prior to wi ning over the manager...cart before the horse.

Do you honestly feel he has the skill set to support your family in this business? If so, polish up the reasons why and his presentation of those attributes as opposed to focusing on why not...work on it if it's worthy...walk away if it's not.

No the credit issues hit after he’s progressed with the hiring process. It starts going really well, they are excited about him and we get pushed through the process, then it halts when we have to do the paperwork application and the reason has been credit related.

Depending on where you live, consider applying to independent advisors/planners and bank brokerages.  I agree insurance firm brokerages would be well worth talking to, as well.  Good luck -- don't file for bankruptcy or it will likely be the permanent kiss of death in this industry.  

He might also look into employer-training positions.  One of my clients who works at our state retirement system sent me a job notice recently asking if I knew anyone.  They were looking for someone who had been registered (but the job didn't require registration).  The position is to travel the state educating state employees about the retirement system, retirement planning, and the 457 defered compensation system.  Other large employers may also have similar positions (although I know a lot of them farm the education out).

Firms with good reputations are not going to let your hubby manage money for other people when he cannot manage his own money.  No matter what the circumstance was.

You sound like a strong woman, why are you here asking questions instead of your husband?

How much debt did you rack up?