As a rule, a past bankruptcy filing won't disqualify you from joining the military. Recruiters for most branches of the Armed Forces care more about your criminal past, your physical fitness and your aptitude test scores..
However, the Bankruptcy Code does not provide a Chapter that would enable the Federal Government from filing Bankruptcy. Fortunately, the United States of America has its own printing press. The Federal Government can print an unlimited amount of money.
The person files a plan with the bankruptcy court and agrees to pay all debts such as car loans, mortgage arrears, and unseen debts in an affordable monthly payment plan over a three to five-year period. In return the debtor can keep the property (home, vehicle and other assets).
All military service personnel are entitled to the same legal protections as civilians when it comes to filing for bankruptcy. Also, if you are on active duty,
By law, military personnel are allowed to file for both Chapter 7 and Chapter 13 bankruptcy. You might even have certain rights that civilians do not have.
Can a military combat zone qualify for pre-bankruptcy credit counseling?
However, if you cannot complete the pre-bankruptcy credit counseling requirements because you are in a recognized military combat zone, then you are exempt from this requirement
The Servicemembers Civil Relief Act of 2003 ("SCRA") is a federal law that provides some protection to members of the military from debt collection actions
Can a military member file bankruptcy while on active duty?
The Servicemembers' Civil Relief Act (SCRA) provides active-duty military members many legal protections in civil actions initiated against them
In fact, the SCRA gives courts the right to stay or postpone both bankruptcy and non-bankruptcy proceedings against military personnel while on active duty
Do veterans qualify for bankruptcy?
Veterans benefits will be part of the income means test to determine your eligibility for bankruptcy unless you qualify for one of the means test exemptions discussed above
Most debtors are required to complete consumer credit counseling before filing bankruptcy
Does the Servicemembers' Civil Relief Act apply in bankruptcy?
The Servicemembers' Civil Relief Act applies in bankruptcy cases
It provides protection to members of the military against the entry of default judgments and gives the court the ability to stay proceedings against military debtors
The Servicemembers' Civil Relief Act ("SCRA") is found at 50 U
S C app §§ 501 et seq
Military bankruptcy law
The Bureau of Political-Military Affairs (PM) is an agency within the United States Department of State that bridges the Department of State with the Department of Defense. It provides policy in the areas of international security, security assistance, military operations, defense strategy and policy, military use of space, and defense trade. It is headed by the Assistant Secretary of State for Political-Military Affairs.
US military-style junior college
A military junior college (MJC) is a military-style junior college in the United States and one of the three major categories of the Army ROTC schools that allows cadets to become commissioned officers in the U. S. Army reserve components in two years, instead of the usual four, through the Early Commissioning Program (ECP). They also offer Service Academy preparatory programs that allow qualified students to earn an appointment to the U. S. Service Academies upon their successful completion of this demanding one-year program at a MJC.
The Bureau of Political-Military Affairs (PM) is an agency
The Bureau of Political-Military Affairs (PM) is an agency within the United States Department of State that bridges the Department of State with the Department of Defense. It provides policy in the areas of international security, security assistance, military operations, defense strategy and policy, military use of space, and defense trade. It is headed by the Assistant Secretary of State for Political-Military Affairs.
US military-style junior college
A military junior college (MJC) is a military-style junior college in the United States and one of the three major categories of the Army ROTC schools that allows cadets to become commissioned officers in the U. S. Army reserve components in two years, instead of the usual four, through the Early Commissioning Program (ECP). They also offer Service Academy preparatory programs that allow qualified students to earn an appointment to the U. S. Service Academies upon their successful completion of this demanding one-year program at a MJC.
