I recently signed for OCS. My ship date is April 2020. My concern is my security clearance. While everything else in my packet is pristine, I may have to declare bankruptcy after a string of bad luck. I lost a job in March after two weeks when the company decided to cut staff, and then had an offer rescinded due to a conflict check. The expense of moving and security an apartment put me in a financial bind. Despite my best effort to reign in my debt, I am drowning and watching my credit get murdered.
I have been working with a financial counselor and they advised I declare bankruptcy. They do not believe I will be able to get the debt paid off by the time I ship, and the reduction in salary for BTC will mean default. My recruiter says declaring bankruptcy will blow my security clearance, and I will be reclassified.
Has anyone declared bankruptcy and still obtained security clearance?