If you work for a federal agency or another job that requires security clearance, you may be worried that bankruptcy will affect that clearance. We have found that this isn’t necessarily the case.
It is true that people who are heavy in debt are looked upon as more likely to be blackmailed. It makes sense when you think about it. When you file bankruptcy and that debt is removed, however, a person’s chances of being tempted or coerced are dramatically reduced.