I am actively recruiting for a consulting internship. I filed personal bankruptcy 3 years ago and I am worried that if I get an offer, it will be revoked because of it.
Can anyone provide guidance?
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Filed Personal Bankruptcy 3 years ago. Will this cause an offer to be revoked if I get one?
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Hi there,
Firstly, I'm sorry to hear that you needed to file for bankruptcy - I hope you are doing well, and that this decision assisted you in reaching financial stability.
Now, when it comes to personal bankruptcy and consulting jobs --> Good News, it should not be a problem.
1. Credit checks are not standard for most consulting roles in the U.S., U.K., or EU — they’re more common in finance or government.
2. Even if your credit is checked, the fact that you have a past bankruptcy should not be a deal breaker for a consulting role, since it is not a fiduciary role.
3. However, it is extremely important that you are up front about this in your recruiting process. Consulting firms generally care a lot about Honesty, Integrity and Values. Thus, if you were to omit this completely, and they find out during their own due dilligence, that may be construed as you hiding something. So, much better if you are up-front and honest about this early on.
(No need to mention this in your application, but if you land the interview, I would reach out to the Recruiter to notify them).
I hope this helps!
Sincerely,
Thor
Hey there :)
A past personal bankruptcy generally won’t cause an offer to be revoked, especially if it was fully resolved and you’ve maintained good financial standing since then. Consulting firms (including MBB) usually run background checks focused on verifying education, employment history, and criminal records. Financial checks mainly matter if the role involves handling client funds or firm finances, which isn’t the case for consulting internships.
You should be fine, but it’s always best to be honest if it comes up in a background form—transparency tends to matter more than the bankruptcy itself.
best, Alessa :)
No, this shouldn't affect your chances of getting an offer.
The background check is there to make sure that what you claimed during your application is correct. If you didn't purposefully mislead them in any way, there is no reason to worry.
Hope it all goes through!
Best,
Cristian
Hello,
Most consulting firms focus more on confirming your past experiences and integrity. It’s unlikely to cause an offer to be revoked, but background checks can vary by firm and country, so just be honest if it ever comes up.
Hi there, no, it should not be a problem during the background checks, but be transparent and disclose this information during the last interview or when you discuss the offer with HR.
Best of luck!
