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Robert Weed

Filing bankruptcy to protect your security clearance


Got an email today from "Candace." She said she had lost her security clearance because of “financial concerns.” I make this point over and over. People do NOT lose their clearance for filing bankruptcy. You DO lose your clearance for not dealing with the problem. Usually dealing with the problem involves three steps. Talk with a lawyer and figure out what you have to do. Self report that you have financial problems and are taking steps to deal with them. If necessary have the action you are taking approved by a court.

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