In most cases, a company would have no interest in whether one of their employees had been declared bankrupt unless it was specifically mentioned in the employment contract. You might have problems if you were employed in the financial Services, legal and Accounting professions, but rarely elsewhere.
The only way a company might discover your status is if it searched for your name on the Insolvency Register or just happened to see it in the Government Gazette. Your tax code might also change to NT or nil tax, but no reason will be given for this. In short, it is only likely they will find out if you tell them.
As for the second question, people are no longer blacklisted and are discharged from bankruptcy after 12 months. While it’s true the bankruptcy will be visible on your credit file for six years, it is now possible to get a mortgage 36 months after discharge. When all is said and done, bankruptcy registers as little more than a blip on the radar these days and people are soon back on track.
Bankruptcy UK has been helping people with bankruptcy since 1998 and will guide you through the process step by step. We will avoid jargon and confirm all discussions by email within 30 minutes. Call us for a chat about your circumstances on 01425 600129.