Comments on: Security Clearances & Bankruptcy http://mcleodlawoffices.com/2009/11/security_clearance_bankruptcy/ McLeod Law Offices, Boston, Massachusetts. Consumer Bankruptcy, Business Bankruptcy, Litigation: Bankruptcy, Consumer & Debt. Fri, 11 Mar 2011 03:01:18 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Bill McLeod http://mcleodlawoffices.com/2009/11/security_clearance_bankruptcy/comment-page-1/#comment-828 Bill McLeod Mon, 16 Nov 2009 17:52:45 +0000 http://mcleodlawoffices.com/?p=1045#comment-828 Well, let's be fair. Many people get into financial difficulties for a variety of reasons - none of which reflect poorly on a their character. Divorce, health issues, the loss of a job of a spouse or the death of a family member can all affect the bottom line. I've met folks who have incurred debt trying to get food and medicine....and I've met folks who have made some profoundly regrettable decisions. I cannot agree with your characterization that the "personality of people" is more important than their ability to do the job. Far too often, people believe that bankruptcy is not an option they can even consider because they have a security clearance. But I say that whether bankruptcy will interfere with the security clearance will depend on the facts of the particular situation, not some generalized view of security clearances, bankruptcy and the factors that may or may not lead someone to consider bankruptcy as an option. Thanks for chiming in, Bill McLeod Well, let’s be fair. Many people get into financial difficulties for a variety of reasons – none of which reflect poorly on a their character. Divorce, health issues, the loss of a job of a spouse or the death of a family member can all affect the bottom line. I’ve met folks who have incurred debt trying to get food and medicine….and I’ve met folks who have made some profoundly regrettable decisions. I cannot agree with your characterization that the “personality of people” is more important than their ability to do the job.

Far too often, people believe that bankruptcy is not an option they can even consider because they have a security clearance. But I say that whether bankruptcy will interfere with the security clearance will depend on the facts of the particular situation, not some generalized view of security clearances, bankruptcy and the factors that may or may not lead someone to consider bankruptcy as an option.

Thanks for chiming in,

Bill McLeod

]]> By: Danon http://mcleodlawoffices.com/2009/11/security_clearance_bankruptcy/comment-page-1/#comment-827 Danon Mon, 16 Nov 2009 17:20:44 +0000 http://mcleodlawoffices.com/?p=1045#comment-827 Very interesting. I have heard that security clearance is largely based on credit history and many other factors. I guess the idea is your spending habits and paying your debt is a large window into character. I agree totally. The personality of people with this type of security clearance is often more important than their abilities to perform the job. Financial problems will make people do crazy things! Very interesting. I have heard that security clearance is largely based on credit history and many other factors. I guess the idea is your spending habits and paying your debt is a large window into character. I agree totally. The personality of people with this type of security clearance is often more important than their abilities to perform the job. Financial problems will make people do crazy things!

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