Reply to Filing bankruptcy in order to keep my security clearance

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[quote=Anonymous][quote=Anonymous]I have a top secret clearance. I have a lot of debt. I am nearing my 5 year reinvestigation and I am freaking out about what to do. I make 107k and I am about 50k in debt, most of which is tax debt. I am divorced with 3 kids living at home. My bad marriage/divorce is what put me in debt and I have ultra slowly been digging myself out (250 a month towards back taxes). I went to see an attorney and chapter 13 is my only option due to my income. If it were not for my clearance I would not file and would just continue to pay the debt off slowly. Does anyone have any ideas on other options that I may not be considering?[/quote]

If the IRS is accepting your repayment plan and you're actually bringing the debt down, maybe no need to file -- if one of your kids needs a 50k medical procedure, you might want to save the "bullet" of bankruptcy for then.

As for your clearance:

1) If you don't disclose/share with your FSO you WILL lose your clearance. 
2) If you do, there's a small chance you might lose it if the adjudicator is in a sour mood, but that could be appealed. But then go back up to (1).[/quote]

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