Bankruptcy And Federal Security Clearance

Although financial irresponsibility is viewed negatively the act of filing for bankruptcy is not and in fact filing bankruptcy could improve approval odds.

Bankruptcy and federal security clearance. Bennett is a security consultant with sfpc sappc isoc isp certifications. Lots of my clients work for federal agencies and contractors who require security clearances as a condition of their employment. You will not lose your security clearance after you file for 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.

I practice in the washington dc area. But sometimes life happens. The obvious answer is ideally neither 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. The short answer is that the filing of a bankruptcy caseitself will not affect your security clearance however the reasons that a person might file a bankruptcy case could cause a security clearance problem.

I am often asked which type of bankruptcy chapter 7 or chapter 13 a security clearance holder should declare. The first question they ask when they come to see me is whether a bankruptcy filing will cause them problems with their security clearance. We help you obtain any of the three levels of security clearance confidential secret or top secret. Dod department of defense directive 5220 6 covers all matters regarding security clearances.

If you depend on your security clearance to stay employed you need to keep it intact. The security clearance attorneys at tully rinckey pllc regularly assist federal employees and contractors as well as military personnel in all stages of the security clearance process. This is a very important question with a nuanced answer so we will go through our explanation carefully. Will filing bankruptcy cause problems with my security clearance.

When a bankruptcy is discovered they ll investigate it. From that investigation and looking at the person comprehensively they will decide whether the factors circumstances and timeframe of the bankruptcy is a cause for concern when the government is extending a security clearance to someone. A common question we get asked is how will filing for bankruptcy affect my security clearance guideline f and your security clearance. My previous blog posts dated july 16 2012 and august 6 2012 discuss security clearance matters in general.

Experiencing one or more of these events won t affect your security clearance much in all likelihood. He maintains a security blog and newsletter and is the author of many security books including dod security clearance and contracts guidebook what cleared contractors need to know about their need to know the insider s guide to security clearances and books on security certification.