> Having a bankruptcy on your record may make it difficult to get that high-paying job, as employers may not look favorably upon it.

Why? I rather consider this as a sign that the person will be rather loyal as employee because he needs the money ...

Making a deal and then breaking it can dissuade employers from putting a person in a high trust position. Most business operates on trust, handshakes, and one's word. Contracts are a backup.

Trust is like glass - easy to break, very hard to put back together.

Do Americans really check prospective employees' credit scores? Wow.

Yes. It's the first thing HR runs on every new applicant. Bad credit == danger of mismanaging company money.