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Section 525 of the Bankruptcy Code is entitled, "Protection against discriminatory treatment" for people who file for bankruptcy. In my 35 years of practicing bankruptcy, neither the Navy nor Electric Boat has ever revoked a person's security clearance, nor has the Navy or Electric Boat demoted anyone because they filed for bankruptcy. Will you lose your security clearance because you filed for bankruptcy?The answer is no!Will you be demoted or discriminated against or given a "hard time" because you have filed for bankruptcy, the answer is no!If you are enlisted in the Navy, you can go to the legal department and they will tell you that the Navy has specific guidelines and procedures to guard against discriminating against service people who file for bankruptcy. And I found that the Navy follows Section 525 of the Bankruptcy Code. I have had service people at all levels or ranks file for bankruptcy and none of them has had a bad experience because of the US Navy. The answer to debt problems is by actively solving them.
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