Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Security clearance jobs

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Security clearance jobs

    GUIDELINE F: FINANCIAL CONSIDERATIONS
    18. The Concern. Failure or inability to live within one's means, satisfy debts, and meet financial obligations may indicate poor self-control, lack of judgment, or unwillingness to abide by rules and regulations, all of which can raise questions about an individual's reliability, trustworthiness and ability to protect classified information. An individual who is financially overextended is at risk of having to engage in illegal acts to generate funds. Compulsive gambling is a concern as it may lead to financial crimes including espionage. Affluence that cannot be explained by known sources of income is also a security concern. It may indicate proceeds from financially profitable criminal acts.
    19. Conditions that could raise a security concern and may be disqualifying include:
    (a) inability or unwillingness to satisfy debts;
    (b) indebtedness caused by frivolous or irresponsible spending and the absence of any evidence of willingness or intent to pay the debt or establish a realistic plan to pay the debt.
    (c) a history of not meeting financial obligations;
    (d) deceptive or illegal financial practices such as embezzlement, employee theft, check fraud, income tax evasion, expense account fraud, filing deceptive loan statements, and other intentional financial breaches of trust;
    (e) consistent spending beyond one's means, which may be indicated by excessive indebtedness, significant negative cash flow, high debt-to-income ratio, and/or other financial analysis;
    (f) financial problems that are linked to drug abuse, alcoholism, gambling problems, or other issues of security concern.
    (g) failure to file annual Federal, state, or local income tax returns as required or the fraudulent filing of the same;
    (h) unexplained affluence, as shown by a lifestyle or standard of living, increase in net worth, or money transfers that cannot be explained by subject's known legal sources of income;
    (i) compulsive or addictive gambling as indicated by an unsuccessful attempt to stop gambling, "chasing losses" (i.e. increasing the bets or returning another day in an effort to get even), concealment of gambling losses, borrowing money to fund gambling or pay gambling debts, family conflict or other problems caused by gambling.
    20. Conditions that could mitigate security concerns include:
    (a) the behavior happened so long ago, was so infrequent, or occurred under such circumstances that it is unlikely to recur and does not cast doubt on the individual's current reliability, trustworthiness, or good judgment;
    (b) the conditions that resulted in the financial problem were largely beyond the person's control (e.g. loss of employment, a business downturn, unexpected medical emergency, or a death, divorce or separation), and the individual acted responsibly under the circumstances;
    (c) the person has received or is receiving counseling for the problem and/or there are clear indications that the problem is being resolved or is under control;
    (d) the individual initiated a good-faith effort to repay overdue creditors or otherwise resolve debts;
    (e) the individual has a reasonable basis to dispute the legitimacy of the past-due debt which is the cause of the problem and provides documented proof to substantiate the basis of the dispute or provides evidence of actions to resolve the issue;
    (f) the affluence resulted from a legal source of income.

    Anything we can do to still get job or save the one we have.

  • #2
    I serve in the National Guard and must have a security clearance to keep my job. When I was first granted a clearance I was in much better shape financially than I am now. I'll be up for review in a few years and at that point I'll have to face the consequences.

    Personally, my financial situation was caused by a business downturn, section 20b, under such circumstances that it is unlikely to recur (the biggest recession we've seen in decades), 20a. My hope is that whoever is reviewing the paperwork will agree that the situation "does not cast doubt on [my] current reliability, trustworthiness, or good judgment," that I "acted responsibly under the circumstances," and that before I filed bankruptcy I "initiated a good-faith effort to repay overdue creditors or otherwise resolve debts"

    Bankruptcy is not an automatic disqualifier for a security clearance. I've seen members of my unit let go (or denied re-enlistment) because they hadn't paid their debts for a long time, but never for filing bankruptcy. If you already HAVE a security clearance then you shouldn't have to worry about it until you're up for review. For most sensitive jobs that's every 10 years, but others may be more frequent.

    The biggest concern about debts is that someone could hold them over your head and convince you to commit espionage or some other crime. If your debts are discharged, then there's nothing to hold over your head.

    A close second is that if you have poor judgment or lack of responsibility in financial matters then you'll have the same issues in other areas of your life. This is where it's very subjective. If you want a security clearance with a bankruptcy on your record, you'll have to find something in section 20 that applies to you and that you can argue if the question every comes up. I would start planning your argument now.

    Comment


    • #3
      What a Stretch of possibilities/PARANOIA

      Man, they just about covered every possibility with a stretch of their imagination and paranoia. These individuals broad brushed stroked every category of behavior that they could think of. They should be drug tested because their thought process suggests that they are psychotic, paranoid,
      with passive aggressive personalities, suggesting they regularly use marijuana,
      hashish, speed, heroin, cocaine, and or crack. They also probably misuse pharmaceuticals and are probably into pornographic material. They appear to have tendencies where they beat their dogs, children and spouses. They are probably into cruelty to their work mates and supervisors and even enjoy it.
      SEE, I CAN DO THE SAME NONSENSE THEY CAN DO. There are so many sick people in our bureaucratic work forces at all levels, 1984 types. JUST A WASTE OF HUMANITY. WE ARE IN HUGH TROUBLE IN THIS COUNTRY WITH THESE SO CALLED LEADERS.

      Comment


      • #4
        What is the question?

        Everyone that I have talked to on this concedes that bankruptcy is merely a "factor" and most of the time, not an issue. Reason being, bankruptcy cures the financial problems that create the risk. Who is really more desperate, the person who owes $90,000, is constantly late on payments and has no means to pay back this debt, or the person who filed bankruptcy, canceled all their debt and is now living within their means?

        This is the one "uber" myth of bankruptcy that leads to so much suffering. Families liquidating retirement accounts to "stay afloat", robbing peter to pay paul, struggling needlessly for years, depression, divorce, etc., all because they have this misguided belief that bankruptcy will ruin their lives worse than being in debt for the rest of their lives.
        Last edited by HHM; 03-10-2010, 12:27 PM.

        Comment


        • #5
          Originally posted by HHM View Post
          What is the question?

          Everyone that I have talked to on this concedes that bankruptcy is merely a "factor" and most of the time, not an issue. Reason being, bankruptcy cures the financial problems that create the risk. Who is really more desperate, the person who owes $90,000, is constantly late on payments and has no means to pay back this debt, or the person who filed bankruptcy, cancelled all their debt and is now living withing their means?

          This is the one "uber" myth of bankruptcy that leads to so much suffering. Families liquidating retirement accounts to "stay afloat", robbing peter to pay paul, struggling needlessly for years, depression, divorce, etc., all because they have this misguided belief that bankruptcy will ruin their lives worse than being in debt for the rest of their lives.
          HHM: I was just told yesterday by somebody who should know... "omg....nobody says "uber" anymore".

          You're welcome.

          Comment


          • #6
            It does affect your clearance, bad credit or recent bankruptcy. At least that's what all the recruiters keep telling me!
            Filed: 6-7-2010 341: 7-15-2010 DISCHARGED: 9/17/2010

            Comment


            • #7
              Bankruptcy should heal anxiety, not create more. If you're competing against people with squeaky clean credit for a job, well, it doesn't really matter whether you have filed bankruptcy or just have 'bad' credit, correct?

              Actually, filing bankruptcy should prove to an employer: you can make business decisions, you now have less personal baggage to distract you, you are more confident, you can learn from your experiences, you take initiative, and, in fact, you are in better financial and emotional shape than struggling debtors.

              I wouldn't bring that to an interview, granted, but those are some things to keep in mind. Do you really want to work for an employer that makes automated judgments about you and live with that sort of paranoia while you're working all day long? The purpose of your cover sheet, resume, and interview are to prove your confidence and skills, not to feel neurotic about a perfectly legal personal finance decision that millions make each year.
              Filed Joint, No Asset, > $100,000 Unsecured Ch.7 6/7/13 ~~ 341 Meeting 7/15/13 ~~ Discharged 9/16/13 !!

              Comment


              • #8
                Well thought out and expressed

                Thank you PIZZA! the comment was well thought out and expressed. I will certainly use it in my next interview if it comes up. I am now Awaiting my 341 hearing March 3rd and am represented by an attorney. I am a little nervous but am resigned to my attorneys direction and hoping for the best. Thank you!
                Gracious

                Comment


                • #9
                  Keep reading your original post.....

                  20. Conditions that could mitigate security concerns include:
                  (a) the behavior happened so long ago, was so infrequent, or occurred under such circumstances that it is unlikely to recur and does not cast doubt on the individual's current reliability, trustworthiness, or good judgment;

                  WHEN DID YOU FILE FOR BANKRUPTCY? WHY DID YOU FILE? ANY MEDICAL BILLS?




                  (b) the conditions that resulted in the financial problem were largely beyond the person's control (e.g. loss of employment, a business downturn, unexpected medical emergency, or a death, divorce or separation), and the individual acted responsibly under the circumstances;

                  WHY DID YOU FILE?
                  (c) the person has received or is receiving counseling for the problem and/or there are clear indications that the problem is being resolved or is under control;

                  DID YOU DO CREDIT COUNSELING THAT IS REQUIRED FOR BANKRUPTCY?

                  (d) the individual initiated a good-faith effort to repay overdue creditors or otherwise resolve debts;

                  DID YOU TRY TO PAY BACK YOUR DEBT?

                  (e) the individual has a reasonable basis to dispute the legitimacy of the past-due debt which is the cause of the problem and provides documented proof to substantiate the basis of the dispute or provides evidence of actions to resolve the issue;

                  DO YOU AGREE WITH ALL THE DEBT?

                  Comment


                  • #10
                    Originally posted by HHM View Post
                    Everyone that I have talked to on this concedes that bankruptcy is merely a "factor" and most of the time, not an issue. Reason being, bankruptcy cures the financial problems that create the risk. Who is really more desperate, the person who owes $90,000, is constantly late on payments and has no means to pay back this debt, or the person who filed bankruptcy, cancelled all their debt and is now living withing their means?
                    Originally posted by Pizza View Post
                    Actually, filing bankruptcy should prove to an employer: you can make business decisions, you now have less personal baggage to distract you, you are more confident, you can learn from your experiences, you take initiative, and, in fact, you are in better financial and emotional shape than struggling debtors.
                    Boy, did I need this thread today! I'm up for two different jobs with two different defense contractors. Neither job requires a security clearance, but I know that both employers DO check credit. I've been sweating that, but had already decided that if they actually bother to ask me about my credit and/or bankruptcy, these are the kinds of points I would make when responding. Now I just have to hope that they wouldn't just automatically dismiss me on that basis without talking with me about it first!

                    Been out of work for almost a year now, and it's freakin' demoralizing. I'm not only fighting the credit pull hurdle but also age discrimination. I'll get great responses, have great phone interviews, even great in-person interviews, but never get hired. Even get told that I'm one of only 3 or 5 people interviewed out of 200 or 400, then nothing... someone else always gets the job. Gotta be someone younger and/or someone with cleaner credit! Have a stellar resume IMHO and never had a problem getting a job in the past so I know I have good interview skills and sell myself well, and have been anything but lazy in this job search. Anyway, really salivating for one of the two jobs mentioned above, and just praying every day that this turns in my favor... finally.

                    Thanks to everyone upthread for their input.
                    Ch. 7 filed: 11/6/09
                    341 held: 12/7/09
                    DISCHARGED 2/10/10!!
                    unemployed since 4/09

                    Comment


                    • #11
                      Ha. Do they eventually tell you that you are "overqualified"? I wish you the best of luck.

                      Comment


                      • #12
                        Originally posted by tigergem View Post
                        Ha. Do they eventually tell you that you are "overqualified"? I wish you the best of luck.
                        Thanks for the kind wishes. Yes, I have been told "you'd be bored here." Never mind the fact that I need to work and at this point would be so grateful for any job that pays a liveable wage that I'd probably work my fanny off and never leave!
                        Ch. 7 filed: 11/6/09
                        341 held: 12/7/09
                        DISCHARGED 2/10/10!!
                        unemployed since 4/09

                        Comment


                        • #13
                          This is my biggest concern re: ch. 7 bankruptcy. In 3 years I will be applying for a federal job with the IRS, would that be enough time passed to show that the events that causes the bankruptcy are behind me?
                          Chapter 7 Filed: 2/24/10
                          341 Meeting: 3/23/10
                          Deadline for Objections: 5/24/10
                          Discharged and closed: 5/29/10

                          Comment


                          • #14
                            Bankruptcy will not prevent you from getting a federal job in most cases. What they don't like to see is lots of unpaid debt, defaults on federal obligations, etc.

                            If you've conducted your financial affairs properly for 3 years after bankrupcty, I can't imagine you'll have a problem. You will need to disclose it on your background investigation, but as in filing for bankruptcy, honesty is your best approach here.
                            Case Closed > 2/08/2010

                            Comment


                            • #15
                              Originally posted by BobMango View Post
                              Bankruptcy will not prevent you from getting a federal job in most cases. What they don't like to see is lots of unpaid debt, defaults on federal obligations, etc.

                              If you've conducted your financial affairs properly for 3 years after bankrupcty, I can't imagine you'll have a problem. You will need to disclose it on your background investigation, but as in filing for bankruptcy, honesty is your best approach here.
                              Great. Thank you. I plan to be extra careful with my finances because it's imperative that I get a job in the financial sector or with the IRS when I graduate in 3 years.

                              In the meantime I'm also going to try to clean up my credit report after a year or so. My BK attorney claims this can be done, with the exception of the Bankruptcy staying on my credit report for 10 years, of course.

                              I'm assuming I'll also soon have a foreclosure on there too.
                              Chapter 7 Filed: 2/24/10
                              341 Meeting: 3/23/10
                              Deadline for Objections: 5/24/10
                              Discharged and closed: 5/29/10

                              Comment

                              Unconfigured Ad Widget

                              Collapse
                              Working...
                              X