Tag Archives: Bankruptcy and Security Clearance
Will Filing Bankruptcy Ruin My Security Clearance?
In the post-9/11 world, the Department of Defense scrutinizes security clearance applications more closely than ever. The same thing applies to renewal requests. According to DoD Directive 5220.6, financial problems can lead to adverse action. That action could be a denial or a reduction in clearance level. So, many people in Indiana hesitate to… Read More »
Will I Lose My Security Clearance If I Declare Bankruptcy?
Of all the questions and concerns we receive about this form of debt relief, concerns over a security clearance may be the most common one. In many cases, a security clearance is akin to a professional license. Losing it could mean losing one’s livelihood as well. According to DoD Directive 5220.6, financial problems could… Read More »
How Does Bankruptcy Affect Indiana Security Clearances?
Many area families understandably want an answer to this question before they file a bankruptcy petition. In many cases, security clearance revocation, or even a downgrade, could mean the end of a job or at least a considerably lower income stream. It’s illegal for any Illinois entity, including the Department of Defense, to discriminate… Read More »
