Does anyone know if it's possible, or how much money it takes to buy out one's enlistment contract? Any help on how to actually do it would be appreciated.
2007-07-09 13:24:18 · 18 answers · asked by 209Otter 1 in Politics & Government ➔ Military
Here's the short answer: you have to be a millionaire.
Yes, you can "buy out" of your contract (though it's not called a "buy out" -it's called a "financial hardship discharge"), but you have to have so much money that the majority of your time would have to be dedicated to maintaining that wealth, thus military service would be detrimental to you and to them (aka a hardship discharge).
How is it detrimental to them? Easy. When you can laugh about having 90-days pay docked, and can afford to make their lives Hell through a Courts-Martial, it no longer is cost effective to keep you around, and your lawyer and the US Military will come to an amicable agreement: you leave.
So, unless you have seven figures, signed to the NBA, or just won the lottery, don't bother.
2007-07-09 13:43:49 · answer #1 · answered by Mr. Samsa 5 · 5⤊ 6⤋
TAH! This question is funny.
Once you sign that contract, and you enlist in a branch of the US Military, you belong to the government. There's no way you can buy out your contract. You're government property until your service time is up. 4-6 years. Have fun.
2007-07-09 13:48:47 · answer #2 · answered by Anonymous · 6⤊ 6⤋
It is not possible to "buy out" an enlistment contract.
It once was... but that was 1864.
What you are talking about hasn't been legal for over 100 years.
Dude, you REALLY need a better source of information!
2007-07-09 14:06:48 · answer #3 · answered by Larry R 6 · 4⤊ 3⤋
no longer by ability of paying for your way out. you should fail a pair PT exams and get kicked out for a PT failure. I have been given an honorable discharge for PT Failure. i replaced into dealing with a divorce and could no longer take care of the strain. yet re-enlisting and could restart the place i left off.
2016-10-19 03:27:57 · answer #4 · answered by ? 4 · 0⤊ 0⤋
It is absolutely NOT possible to buy out your enlistment contract with the US Military.
2007-07-09 13:37:56 · answer #5 · answered by Vagabond5879 7 · 4⤊ 5⤋
The only way to "buy out" your contract is to fulfill your contract. When your time is up, you go your own way? You raised your right hand, took an oath, and signed on the dotted line. Man up, and honor your commitment.
2007-07-09 15:21:32 · answer #6 · answered by erehwon 4 · 3⤊ 7⤋
It is possible to be discharged due to a significant "change in lifestyle", i.e. getting large sums of money from the lottery, inheritance, etc. I seriously doubt you have that kind of money, or else you would be talking to a lawyer that specializes in military law, instead of asking people on yahoo answers. If you think that you fall into this category talk with your legal office to get the official word.
2007-07-09 13:59:05 · answer #7 · answered by silentservice 2 · 5⤊ 2⤋
you can not buy out of our contract. it is a myth sorry. but there is a chance that you win the lottery and they kick you out. but that will not happen either. the fastest way out is do what your told and deal. you sighed the contract be a man or woman.
USMC 2002-2006
2007-07-09 13:35:01 · answer #8 · answered by xxxfrk 2 · 6⤊ 4⤋
Why do you want out of your contract any way? You signd on the line now do the time.
2007-07-09 14:01:37 · answer #9 · answered by wow one 3 · 3⤊ 2⤋
look, it's simple. get your dad elected to congress, no big deal, he'll know what to do. anything less is gonna take some thought. since this is america., land of the free, home of the brave, of thee i sing, you can do anything that you can afford. just gotta figure out who's sellin'. as far as an enlistment, you're gonna have to go high. i'd say a full bird colonel can pull it off, but i'd find a general. you're gonna want an honorable if possible, but settle for a medical if you have to, that'll set you up for a pension in the future.
good luck on this, you can do this, but remember there's not just some form you fill out. and of course, be advised, this will always be a part of your life. when you're ninety, you'll look back at this as a pivotal time in your life. make sure you do what's right.
personally, it's still a big part of my life a million years later.
2007-07-09 13:37:44 · answer #10 · answered by Anonymous · 1⤊ 6⤋