Bankruptcy’s Effect on Security Clearance – Security Clearance in Centennial, Colorado

Read our blog to learn more about bankruptcy's effect on security clearance eligibility in Colorado.
Image Credit: Pixabay – PeteLinforth

Obtaining a security clearance in Centennial and across Colorado means you are someone honest, loyal, reliable and able to protect national security information. Because your character is assessed during the process of obtaining a security clearance in Colorado and across the U.S., many individuals (such as police officers, defense contractors or medical or military personnel) wonder if filing a Chapter 7 or Chapter 13 bankruptcy will affect getting a security clearance. After all, a person in need of money is easier to bribe for classified information.

Bankruptcy Filing Reasons in Littleton, Colorado Affect Security Clearance

Depending on the reasons you filed a Chapter 7 or Chapter 13 bankruptcy in Littleton or anywhere else in Colorado, your security clearance may or may not be affected. In Colorado, you may not be able to get a security clearance if:

  1. You filed bankruptcy due to excessive spending;
  2. You’ve committed a crime (such as theft / embezzlement, tax evasion or any other criminal acts related to your finances);
  3. You are consistently unable to pay your debt or you choose not to repay your debt;
  4. You’re engaged in addictive habits such as gambling or you’re spending too much of your money on alcohol or drugs;
  5. You haven’t met financial deadlines;
  6. You filed bankruptcy because you spent more money than your income allows.

Basically, getting a security clearance depends to some degree on whether you are financially responsible and honest. If you are spending more money than you should, or not paying back what you owe, for instance, you may not be seen as trustworthy or capable of protecting national security information (getting a security clearance). On the other hand, if you had to file bankruptcy because of job loss or because of an emergency, getting a security clearance shouldn’t be an issue. Additionally, if you filed bankruptcy to eliminate debt, you may actually be viewed as financially responsible for trying to get your finances back in order again. In other words, filing bankruptcy for this reason may help you qualify for a security clearance.

Security Clearances and Bankruptcy in Castle Rock: Why the Government Cares Why You Filed Bankruptcy

The government cares about your financial situation and any reasons you filed bankruptcy in Castle Rock or another area of Colorado because they do not want you to be vulnerable to doing anything illegal to get more money. Individuals who are struggling financially may be more subject to people offering them money in exchange for secret information. Always speak with a knowledgeable bankruptcy lawyer if you are curious how your bankruptcy or financial situation can affect getting a security clearance.

Obtaining a Security Clearance After Bankruptcy in Parker, Colorado – Call a Bankruptcy Lawyer

If you are worried about your Chapter 7 or Chapter 13 bankruptcy’s effect on security clearance eligibility in Parker or any other area of Colorado, contact an experienced Parker bankruptcy lawyer right away. There are many things to be aware of when filing bankruptcy and how a Chapter 7 or Chapter 13 will affect your security clearance. Call bankruptcy attorney Barry Arrington today to set up a free initial consultation to discuss bankruptcy’s effect on security clearance eligibility in greater detail.

If you would like more information about getting a security clearance after a Chapter 7 or Chapter 13 bankruptcy in Colorado, contact bankruptcy attorney Barry Arrington for a free initial consultation. Contact him today at 303-205-7870.

 

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