Short Sales impact everyone. Military personnel should read this. You could lose your clearance if you go into a foreclosure. If foreclosure is a possibility....A short sale is a must!
Service Members Civil Relief Act (SCRA) - Public Law 108-189, December 2003. This provides military personnel in specific foreclosure situations certain protections. Check with your JAG officer. The most prudent course of action may be for you to sell the property. Act quickly, a foreclosure or bankruptcy will impact your security clearance.