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New spin on getting back in?

Started by outtanuke, May 17, 2010, 11:56

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outtanuke

OK, so, how hard is it to get security clearance if you're one of the thousands of folks out there who've had a foreclosure in the last couple of years?  Ex-navy, not ex-navy, whatever.  Just curious.

Content1

If you got a foreclosure and it was in a non-recourse state like California and for a 1st trust deed, they have used all the recourse they can against you so although it looks bad on the credit, you are not obgligated further and should not affect your clearance if otherwise you have your debts covered.   We are in a horrible continuing recession and you don't even owe a tax penalty if the loan was a purchase money trust deed on the home you lived in.

jowlman

I know that we have several people here at The Nevada Test Site that are going through financial problems. They are still getting their Q clearances. Although DOE is performing more security interviews with those people.

UncaBuffalo

Quote from: outtanuke on May 17, 2010, 11:56
OK, so, how hard is it to get security clearance if you're one of the thousands of folks out there who've had a foreclosure in the last couple of years?  Ex-navy, not ex-navy, whatever.  Just curious.

I don't know about foreclosures specifically, but saw a contractor NOT get badged for a whole outage because of bad credit.  He was NOT invited back for the following outage.

I assume a foreclosure would raise flags, too?
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