Bankruptcy Before Severance or After for Federal Workers

Bankruptcy Before Severance or After for Federal Workers

Should you file bankruptcy before you receive your severance check, or does waiting protect more of what you’ve earned? The question of bankruptcy before severance or after depends on factors that many federal workers may not consider. Timing can affect TSP protections, Chapter 7 eligibility, security clearance status, and whether you can afford FEHB continuation…

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