i am in the navy and having trouble with finances creditors are after me can i get a separation to get out?

Question

to the civilian world to make more money and get my life turned around

Answer 1

No.

You signed a contract with the Navy. Financial hardship is not a reason for the government to release you from your contract. Also, most people when they get out and start making more money simply start spending more money.

If you can't budget and handle your finances now, why will you when you get out. Go see a financial counselor. They have them on every military installation.

Answer 2

No but if you keep things up and the creditors start mailing demand to pay letters and other such letters to your command they will separate you with an Under Other Than Honorable discharge which will take away all your VA benefits, any ability to get a real civilian job and keep you from going to college unless you pay cash. On top of all that you will get and RE-4 reenlistment code which will forever keep you out of the military. Maybe later you may think you want to come back in, and you won't be able to, not the reserves or any other branch.

Sounds like you need to go see your Command Financial Specialist TODAY and tell them you are in trouble and need help. Your military pay is not the problem here, you living beyond your means got you into this trouble. Ask for help before it is too late. You will be surprised what can be done to help you out of this situation. I am a Navy Sailor and have several junior Sailors get into the same kinds of problems. We have been able to help everyone who wanted help and now they are living just fine without the worry of money 24/7. DO NOT use the Navy or your Navy pay as the reason for why you are hurting here. There are lots of resources to help you, just ask for help..

Answer 3

If you could get a civilian job right away.
But the military won't let you out for that reason. They will however allow the creditors take your paycheck for you and continue to give you a place to sleep, eat, and work.

Once the creditors know you are in the military, they will go after your paycheck and Uncle Sam will gladly pay them before paying you. You get what's left over.

The person below me is correct, Creditors will work with you to collect what is owed. In most cases, they will stop all fees and extremely reduce interest just so you can make payments and they get back the original amount that was owed and lose some of that interest payments.

Answer 4

You turned your life around already by joining the US Navy. Hey it is not the best pay in the world but Mr you are getting paid. That is one thing you can be for sure to count on, you step out into the civilian world are you sure that you will have a job the next day? Not sure of your rank but you have to be making some money and SPENDING it very foolishly on thing that you think you need and don't. As one said fast cars and women, drink and party. Hey you have three hots and a cot so what ever bills you made then you need to own up to them and not make any more. Cut back to just what you need. Clean uniforms a haircut every two weeks eat in the chow hall, stay in the barracks or ship. Stop spending on fools. Pay your bills. I have a few jar-head that owed the GOV and were getting the boot, they filled out a little paper work on them so any money they made after the boot the GOV got it until the debt was paid. They still can do that and trust me they will so play around and they will get you. I had one man who was on the outside and use the money to buy mom an pop things, well low and behold they got and audit and he got jammed up had to serve 6 yrs in the Marines. I seen his LES. Get your head out of your a@@ and pay up. I don't think the solders and saliors relief act will work for you on this one buddy boy.

Answer 5

I don't think so. You have a contract with the Navy and wanting to get out because of creditors being after you is not a reason. It,s not even an excuse. You're in till the end of your contract.

Answer 6

You need to talk to your command financial specialist. They'll help you get some sort of payment plan going. Set up an allotment to pay everything automatically so that the payment ALWAYS on time, even if you're deployed will help a lot.
The most important thing you can do is to be PROACTIVE in paying off your debts. If you're taking responsibility for your spending and they're confident that you're going to pay them, they'll be a lot more willing to cut you some slack with reduced interest, lower payments, etc.
Be proactive, but also don't be afraid to ask for help if you feel you're in over your head.

Answer 7

Actually, there is a discharge for financial hardship; however, most people do not qualify....you have to be able to prove that you will make three times your annual pay and have a letter from a future employer stating that they have offered you a job starting on such and such date. Find a solid yeoman for more information.

If it were me, (and it might have been at one time), I would encourage you to seek credit counseling...if you do not feel comfortable going on base, check out the United Way. They offer free, confidential counseling and can help you get back on track.

Answer 8

All the previous answers are right on the money, but they left out one thing. Contact your creditors......they don't like losing money and they are usually willing to work with you to rearrange a payment schedule.....one thing though if they arrange something with you then you are obligated to honor the arrangement. By passing this debt on to bill collectors they lose money. The prefer to get some than none! USN retired EMC

Answer 9

Wow, so which you think of only because of the fact he's in the army Reserves he gained’t set up? Hm, I don’t comprehend what he advised you, yet RESERVISTS DO set up. each RESERVES UNIT CAN/WILL set up! I actual have had distinctive pals in the army Reserves set up. you're in for a impolite awakening. you're an fool. you're calling everyone at right here idiots, yet you are the only that believes your boyfriend is the only one in the militia that isn't set up. God, what a twit you're. How with regard to the subsequent question you place up is “what proportion reserve gadgets are deployed actual now”, you would be very shocked on the type. additionally, in case you don’t elect to get married, large. no person cares which you're a slu-t. supply up masking for you POS bf who gained’t marry you. Bullsh-it you made the choice to be an single mom and positioned across a baby into the worldwide that has no valid father. So in case you opt to be yet another statistic of a failed, single female, pass forward. extra ability to you sl—ut. It’s your option to be single with babies, yea actual.

Answer 10

How would not having a job help pay off your debts? The Navy's not going to allow that. You can request emergency assistance from whatever organization handles that for the Navy.