Suitability Clearance


#1

What are my chances of passing the suitability clearance?

Currently a fed for 8 years. Recently applied for a job, offered a position contingent on passing background check. have one on my current job. I received an loi requesting info on previous bankruptcy and student loans and a tax lien. Several of the debts in question were included in the bankruptcy, however they were reporting as charge-offs. The bankruptcy was due to my spouse being laid off for a very long time and having intermittent employment. Due to hardship, the tax lien was closed b the IRS, the student loans are now in forbearance for an extended period of a few years due to hardship and I addressed the charge-offs by submitting the list of creditors listed in the bankruptcy and well as my bankruptcy discharge documents. My attorney also gave me a letter to send advising that he will be sending a letter to all any and all of the creditors that were not notified of the bankruptcy. I also sent in support documentation form the loan servicers and the IRS to support my responses in the loi. Otherwise, nothing has changed in the past 10 years except that I moved.

Thank you in advance for answering my question,


#2

It sounds like you have taken all of the right steps to mitigate any concerns they would have regarding your financial history. They may issue a letter of warning, but that would be the worst case if there are no other issues in the case and you have disclosed all required information.