# Charged Off Debts Can Cause Clearance Denial or Revocation

**URL:** <https://discuss.clearancejobsblog.com/t/charged-off-debts-can-cause-clearance-denial-or-revocation/5698>\
**Category:** SECURITY CLEARANCE Q&A\
**Created:** [January 3, 2019, 2:08pm UTC](https://discuss.clearancejobsblog.com/t/charged-off-debts-can-cause-clearance-denial-or-revocation/5698 "2019-01-03T14:08:53Z")\
**Posts on this page:** 1\
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**Author:** ![CIndelicato](https://sea2.discourse-cdn.com/flex016/user_avatar/discuss.clearancejobsblog.com/cindelicato/32/143_2.png) [@CIndelicato](https://discuss.clearancejobsblog.com/u/CIndelicato)\
**Post date:** [January 4, 2019, 7:06pm UTC](https://discuss.clearancejobsblog.com/t/charged-off-debts-can-cause-clearance-denial-or-revocation/5698/7 "2019-01-04T19:06:11Z")

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The 1099-C enables the creditor to take the ‘loss’ on the debt-holders (now) ‘income.’

This makes perfect sense.

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