Since lawsuits that are pending or have not resulted in a judgment against a consumer are not recorded on a credit report, this information can provide you with relevant information that you will not obtain with a credit background check alone. Depending on the jurisdiction, this information can be researched at either the county level or with the Office of the Secretary of State.
Information regarding overdue child support payments can be reported to credit bureaus as an adverse action and debt obligation. For example, employers in New York can perform a search with the Department of State, which maintains a list of outstanding child support warrants issued by the New York Department of Taxation and Finance.
A search of UCC Uniform Commercial Code financing statements will provide you with information regarding certain debt obligations for an applicant. Creditors will often file UCC statements to demonstrate a security interest in certain personal property owned by a creditor.
Conducting a search of real property records will provide you with information regarding any real estate owned by an applicant. A review of the schedule of assets and liabilities filed with a bankruptcy petition will contain details regarding credit obligations, real and personal property holdings, outstanding judgments and liens, and pending lawsuits.
One of the most important public record searches employers should be performing, and the one that will go a long way in protecting you from liability, is a criminal background search. Employers should be performing thorough criminal checks that, at the very least, include a statewide inquiry where available and local county searches.
Additionally, although these information sources are considered a matter of public record in most states, there may be legal restrictions on the use of some of the filings for employment purposes, particularly criminal and bankruptcy matters. I found that a background check is not as simple as one would think. Many parts go into a background check from conducting a criminal record check to verifying my past employment and education.
All the components of an employment background check help organizations get a better overall picture of their candidates to give them the insight they need to make an informed hiring decision. The background screening industry is highly regulated by federal, state and local laws.
According to FCRA guidelines , employers cannot look at information that is older than seven years for civil judgments, arrest records, collection records, and paid tax liens and ten years for bankruptcies. One requirement of the FCRA is that a company must notify the candidate that they will be performing a background check.
The notice will explain that the results of the background check will be used for hiring, promotion or retention. After explaining the intent of performing a background check, employers must receive consent either on paper or online from a job candidate to run a criminal record check and that the results will be used in making hiring decisions. Airbnb is coming under fire for fraudulent rental scams and the company is taking action.
Discover how federal tax liens work and why it matters if employees of your employee background screening process, and here's what you. Federal law says tax liens disappear from your credit report after seven years. If it's more recent, or still current, an employment credit check will turn it up.
Compound interest helps consumers save more money for their rainy-day fund or retirement portfolio. Bank checking accounts are a great way to manage your money and payments. Use these tips to maximize your banking experience. Trying to save money? Cutting down on any of these wasteful practices will trim expenses and help the planet, too.
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