Adding my thanks for sharing the ariticle.  It certainly makes sense that DOD would have to evaluate each case individually.  Hopefully, the clearance issue will be just another bump in the road, to be resolved in their favor, for the good folks serving their country who are caught in this bad situation.

What continues to disturb me is that the underlying cause of these issues is not being addressed.  Military members are in a unqiue situation.  PCS moves are orders.  Ignoring orders have consequences under the UCMJ.  PCS, therefore, must be considered a legitimate condition of employment, and the employer, Uncle Sam, has an obligation to cover the expenses.  The really troubling aspect is that there is clearly precedent for this with other Federal Employees.  How then can we not address this issue for Military Families.  

We have continously advocated that Military Families should receive immediate tax credits for losses sustained due to losses on home sales, or losses associated with rentals, when caused by PCS "ORDERS!"    We have further advocated as long term solution whereby Career Military Families receive the same benefits enjoyed by other agencies in Federal Goverment. 

Having argued for this for almost four years, I am convinced this will not get attention until Military Families make their case to their elected officials.  Not once or twice, but until they get tired of hearing it.  I also believe they need to send the signals to their chain of command.  

Hang in there!

Joe Gladden

 

Why is no one discussing the CCF's statement released on 9 July 2009? This answers most, if not all of your concerns. I just completed my second PCS (8 months apart) and am still attempting a short sale, but most likely will end up with a foreclosure. There was nothing I could do. We simply did not have the 50K required to sell the home under normal circumstances. According to the statement, clearances will not be revoked because of a foreclosure. This doesn't even say it was due to the current economic meltdown. As long as this is one blemish on an otherwise great record, 98% of financial cases were adjuticated.

It looks as though the CCF (body who issues clearances for those that do not know) is not giving everyone a get out of jail free card. That said, they state that one issue (foreclosure, BK, etc) will not in itself cause one to lose their clearance. However, it should be noted that individuals will be scrutinized much more closely should they fall into the foreclosure trap. Bottom line, it looks like if everything was good, but the military PCS'd you during this economic crisis, it will mitigate the affects of a foreclosure on your security clearance so long as it is the only issue on your credit.

Just a quick note to acknowledge these posts on clearances.  I welcome and / all info on this as I don't have a good source to research.  Thanks. 

Joe

 Can you please post the link of the CCF's you are referring to so that we all can read them.

Thanks

 Actually I found it and here it is.

http://www.army.mil/-news/2009/07/08/24053-financial-problems-or-ptsd-need-not-affect-security-clearance/

Thanks for sending this.  I found it very helpful, especially the stat of 98% with financial problems still get the clearance. It is encouraging, but  I would only add that this article was Jul 2009, and is a media interpretation of the policy. 

 

Joe Gladden

 NEW INFO

I have found some new information regarding this very sensitive issue. There is a new program out there just created by the President called HAFA. It is structured for people who owe more than their home is worth and it help them in short selling WITHOUT getting penalized for the offset in money. We have a friend who is also in the military whose wife got her PCS orders to move and they have a realator who specializes in short selling and has advised them that PCS orders qualify as a hardship and should not effect their security clearance. I will get and give more info as I get it. Chase has a link on their website regarding this.

I had contacted PNR and was told the security clearance issue relating to property short sale and foreclosure is different for each service and occupational skill. The commonality is that the sooner you tell your Command and the more DOCUMENTED action you take to rectify the situation the better.

I live in Washington State. Just spoke briefly to Dave.

Good info/advice on consulting a lawyer familar to laws in my state and how foreclosure can affect a security clearence to a non-military position, but still required to receive security clearences.

Thanks Dave fro the help!!