I am from Vermont, and in 2015 I filed a petition to wipe out my debts due to my business having a downturn and also having employee/management issues with the business which made it a poor environment for me financially. Being a young business, I couldn't see myself recovering.
With advise of my lawyer, I filed for chapter 7 to get my life back on track. I was always a person who kept up very well on my credit card (1) and I had a mortgage. I was 22 when i opened the business, and probably made some young mistakes. I was always one who cared a lot about my finances before the business, and was big on my credit score. I had a 700+ before the business downturn.
I opened a franchise in 2012, and had difficulty getting off the ground, I got discouraged as many do with finances, I made ends meet but I was stressed to the limit, depressed and so on...
Anyway, I filed, it seems everything got cleared. A credit report is still showing a few charge offs/unknown statuses. Should i dispute these to have them put in close/paid status due to the chapter 7? I already disputed a couple.
The real question here is im about to renew my security clearance. My clearance never got revoked during my financial bumps (maybe this is a good sign?). After reviewing my reports (3), The most delinquent account I have on one report is 150 days but none of the other reports go that high showing that level of delinquency. How should I tackle getting my clearance renewed? Do you think I am at risk of being denied due to this situation? I am in the process of accepting a new job at the worst time since my clearance will probably need to go through before i begin the new job. I will be totally honest, but from what i can see, I was never 180 days+ delinquent on any account. 2/3 credit reports show very favorable payment records (the green OK) for most months, but there are a small handful of 30,60,90's delinquent and of course the bankruptcy is there too.
What are the risks here with my situation, and am I hoping to get this job with no actual chance of getting my clearance renewed? Thanks for any advice and observations.
With advise of my lawyer, I filed for chapter 7 to get my life back on track. I was always a person who kept up very well on my credit card (1) and I had a mortgage. I was 22 when i opened the business, and probably made some young mistakes. I was always one who cared a lot about my finances before the business, and was big on my credit score. I had a 700+ before the business downturn.
I opened a franchise in 2012, and had difficulty getting off the ground, I got discouraged as many do with finances, I made ends meet but I was stressed to the limit, depressed and so on...
Anyway, I filed, it seems everything got cleared. A credit report is still showing a few charge offs/unknown statuses. Should i dispute these to have them put in close/paid status due to the chapter 7? I already disputed a couple.
The real question here is im about to renew my security clearance. My clearance never got revoked during my financial bumps (maybe this is a good sign?). After reviewing my reports (3), The most delinquent account I have on one report is 150 days but none of the other reports go that high showing that level of delinquency. How should I tackle getting my clearance renewed? Do you think I am at risk of being denied due to this situation? I am in the process of accepting a new job at the worst time since my clearance will probably need to go through before i begin the new job. I will be totally honest, but from what i can see, I was never 180 days+ delinquent on any account. 2/3 credit reports show very favorable payment records (the green OK) for most months, but there are a small handful of 30,60,90's delinquent and of course the bankruptcy is there too.
What are the risks here with my situation, and am I hoping to get this job with no actual chance of getting my clearance renewed? Thanks for any advice and observations.
