Legal Question in Bankruptcy in Michigan

Chapter 13

If I file Chapter 13 are there any ramifications to my CPA, CFE or CIA licenses?


Asked on 10/06/08, 4:40 am

1 Answer from Attorneys

Jerrold Bartholomew Priority Elder Law and Estate Planning, PLC

Re: Chapter 13

It is illegal for anyone to take adverse employment action against you for filing for bankruptcy. I believe that similar protection extends to professional licensing. I am familiar with one case where an attorney was disbarred after filing for bankruptcy, but it was a specific determination that he had abused the system by seeking to have his student loans discharged without making any effort to repay them.

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Answered on 10/14/08, 9:35 am


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