Clearance Granted for Client Who Had Over $155,000 in Collections

CARIBBEAN – Client senior officer in the military received Letter of Intent (LOI)/Statement of Reasons (SOR) under Adjudicative Guideline for Financial Considerations due to seven accounts totaling in excess of $155,000 in collections/charged-off.  After submission of written response to SOR the Central Adjudication Facility (CAF) granted the clearance under the condition that the client provide periodic reports reflecting continuing efforts to finish resolving all accounts.