I have been in DEP for some time now. I am now unemployed and have severe debt. I was suppose to leave last November for bootcamp but they said I need Lasik before hand. I got the lasik and am cleared now but I am in over my head in debt. Now entering in the NAVY, I will be an E3 but that equals out to like 1240 per month that I have to live on. Stating that my credit rating is now a 450, as low as it can go, will going bankrupt affect my going into the NAVY, (Trying for Special Ops Diver). IF so, how and what are my options?
2007-06-11 15:00:24 · 9 answers · asked by Matthew J 1 in Politics & Government ➔ Military
It's not being in debt that the Navy will object to. It's the bankruptcy part. And no, it's not a courts martialable offense to declare bankruptcy, even while on active duty. It is considered by the Navy to be a measure of last resort for those who have gotten in over their heads. Where the Navy DOES get legally involved is when a sailor or marine creates a debt and fails to pay it (without declaring bankruptcy). The last I'd heard, the Navy will Garnishee a sailor or marine's pay to satisfy a legal debt (that ALSO includes debts created by the married SPOUSE of the sailor or marine). One very real negative thing that can happen to a sailor or marine who declares bankruptcy legally while in the Navy is to lose their security clearance. Losing a security clearance is horrific to a Naval career, ...it's basically the end, since a security clearance (at the very least a Confidential clearance) is required to work in almost every rating (job) in the Navy.
2007-06-11 16:58:32 · answer #1 · answered by CV59StormVet 5 · 4⤊ 0⤋
Make sure that you return and tell your recruiter. If ALL things are confessed, then they Navy will allow you to enter. Don't hold the information back and think that the Navy will NOT find out........they always do and then your butt will be OUT like a hot potato. Also alot depends on what job you will be entering...if there is a security clearance to be cleared for, etc.
Good luck, buddy and don't worry. I saw alot of sailors in debt over the years. Hang in there!!
2007-06-11 15:35:41 · answer #2 · answered by Anonymous · 2⤊ 0⤋
hi 'M.L." each and every of the centers DEP contracts run for a optimum of 12 months. If the provider can no longer get you enlisted by making use of that factor they cancel the departmentcontract. maximum human beings responding in Yahoo solutions who're already in DEP and asking questions are asserting that they are waiting as much as eight months just to get a reservation for basic education/boot camp. ultimate desires, Larry Smith Senior grasp Sergeant, USAF (Ret.) First Sergeant
2016-10-07 08:11:47 · answer #3 · answered by ? 4 · 0⤊ 0⤋
unfortunatly, your finances play a role in the jobs you can get. If your job requires a top secret clearance, you have to fill out a ton of paperwork which includes a statement that your finances are in order. There are some regulations on bankruptcy and the person best suited to answer your questions is a recruiter. You can also try about.com and they have all the military instructions and regulations which can include an answer to your question.
http://usmilitary.about.com
2007-06-11 15:19:59 · answer #4 · answered by Jade | My Brain is My Shepherd 5 · 1⤊ 0⤋
Whatever you do, DO NOT declare bunkruptcy!! As the last poster said, it can affect your career and clearances.
The military looks at it like this: how you handle your finances is an indicator to them that you're not as responsible as you should be, that you're 'for sale' which would affect your clearance, and other things as well.
You're going to be required to handle multi-MILLION dollar equipment, you're going to go to schooling on THEIR dime....they want to make sure that what they invest in you will be profitable for both the military and you.
So as someone mentioned---go into this completely honest. Don't omit info, be honest. ---And good luck!
2007-06-11 17:29:22 · answer #5 · answered by Jennifer S 4 · 1⤊ 0⤋
since you won't have any bills in the navy then you have 1240 to spend on debt. you get free food and lodging so you will be able to clear up your dept in no time
2007-06-11 15:04:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You could have a very hard time getting the security clearance that's required for anything that has to do with spec-ops.
2007-06-11 16:18:00 · answer #7 · answered by Yak Rider 7 · 1⤊ 0⤋
If i remember correctly, being in debt is a court-martial offense... you would need to set up a payment schedule and stick to it... i would not advise declaring bankruptcy... consult a lawyer with experience handling military bankruptcy cases
2007-06-11 15:12:50 · answer #8 · answered by shroomigator 5 · 1⤊ 0⤋
you will not be getting any Clearances, that's for sure, and if Diver requires one, you just lost your A school guarentee, and since it is not the Navy's fault, they can reclassify you into anything they want that doesn't require a clearance.
2007-06-12 01:55:46 · answer #9 · answered by Mrsjvb 7 · 1⤊ 0⤋