Bankruptcy And Top Secret Security Clearance

However the reasons that a person might file a bankruptcy case could cause a security clearance problem.

Bankruptcy and top secret security clearance. As a general rule people who already have a clearance and who aren t in trouble for anything else do not lose their clearances because of bankruptcy. But sometimes life happens. In sum if bankruptcy is contemplated a full pay 100 chapter 13 plan will give you the best opportunity for success with regard to getting or retaining a security clearance. People who are applying for a clearance for the first time should do everything possible to keep everything current until the clearance is approved.

I have represented people with every possible security clearance from confidential to top secret and the other clearances that have only letters and numbers describing them. Though there are some circumstances which it could cause problems. You will not lose your security clearance after you file for bankruptcy. File your tax returns immediately.

Typically filing for bankruptcy will not effect your security clearance. Security clearances and bankruptcy. Members of the armed forces employees of the transportation security administration and others in federal service or employment have security clearance to do their jobs. This is a very important question with a nuanced answer so we will go through our explanation carefully.

If you depend on your security clearance to stay employed you need to keep it intact. Bankruptcy in general is viewed by the government as a symptom of larger financial problems the kind that security clearance holders would do well to avoid. It could be a catastrophic illness an accident a market downturn or a job loss that leads a clearance holder to the financial precipice. Not one has told me that a bankruptcy filing had any impact whatsoever on their security clearance their job or their advancement.

Whether a bankruptcy filing will jeopardize your security clearance depends on numerous factors and your circumstances.