Comments on: Military and Debt http://cashmoneylife.com/2007/09/30/military-and-debt/ Money Management, Small Business, Career Sun, 21 Mar 2010 02:34:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ryan http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-21888 Ryan Fri, 19 Feb 2010 03:45:00 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-21888 Thanks for the correction, Jagdog. Thanks for the correction, Jagdog.

]]> By: Jagdog http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-21886 Jagdog Thu, 18 Feb 2010 21:03:45 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-21886 Just correcting one fact in your narrative... There is no such thing as being "separated under Article 134 (UCMJ)". Article 134 is the general punitive article in the MCM, Manual for Courts-Martial. It is used in Article 15s. You're thinking of when a Soldier is chaptered out of the military, or Administratively Separated. If the Soldier has enough misconduct, i.e. they have failed to repay SEVERAL debts and have established a pattern of doing so no matter what the unit did to help them, then they could be chaptered under Chapter 14-12(b): Pattern of Misconduct. This is out of AR 635-200, Administrative Separations. Just correcting one fact in your narrative…

There is no such thing as being “separated under Article 134 (UCMJ)”. Article 134 is the general punitive article in the MCM, Manual for Courts-Martial. It is used in Article 15s.

You’re thinking of when a Soldier is chaptered out of the military, or Administratively Separated. If the Soldier has enough misconduct, i.e. they have failed to repay SEVERAL debts and have established a pattern of doing so no matter what the unit did to help them, then they could be chaptered under Chapter 14-12(b): Pattern of Misconduct. This is out of AR 635-200, Administrative Separations.

]]> By: Jarhead http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-9325 Jarhead Sun, 22 Jun 2008 19:29:03 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-9325 Unfortunatly I am faced with Marines unable to pay debt on if not a daily at least a monthly basis. In my 13 years I have had 2 Marines both grossly in debt. One consistantly used multiple check cashing (pay day advance) places and would be overdrawn on his account 2 days after payday and the other cosistantly just overdrafts his account in excess of $400 dollars between paychecks. I did all I could for these guys to include taking care of their finances for them. Hopefully they have gotten better and can become productive citiziens once they are out. Unfortunatly I am faced with Marines unable to pay debt on if not a daily at least a monthly basis. In my 13 years I have had 2 Marines both grossly in debt. One consistantly used multiple check cashing (pay day advance) places and would be overdrawn on his account 2 days after payday and the other cosistantly just overdrafts his account in excess of $400 dollars between paychecks. I did all I could for these guys to include taking care of their finances for them. Hopefully they have gotten better and can become productive citiziens once they are out.

]]> By: Ryan http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-8975 Ryan Fri, 30 May 2008 11:00:22 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-8975 Nick, I would start by sending a certified letter to him to have that on file and inform him he is legally responsible for the remaining balance of the loan and this is negatively affecting his credit (though I'm sure this has been done). You may also let him know that if he doesn't comply you will bring this to the attention of base authorities. Keep in mind, his commander can order him to pay it, but I'm not sure he can legally force him to pay it. But the commander can enforce military punishment, which may concince the soldier to pay. On his loan paperwork, check to see it he listed his unit, brigade, or any other information regarding which organization he is in. If he did, go on the internet and find the number to that unit's First Sergeant or commanding officer and give them a call (start with the First Sergeant). As I mentioned, this won't guarantee results, but it will get you in the right direction. Good luck. Nick,

I would start by sending a certified letter to him to have that on file and inform him he is legally responsible for the remaining balance of the loan and this is negatively affecting his credit (though I’m sure this has been done). You may also let him know that if he doesn’t comply you will bring this to the attention of base authorities. Keep in mind, his commander can order him to pay it, but I’m not sure he can legally force him to pay it. But the commander can enforce military punishment, which may concince the soldier to pay.

On his loan paperwork, check to see it he listed his unit, brigade, or any other information regarding which organization he is in. If he did, go on the internet and find the number to that unit’s First Sergeant or commanding officer and give them a call (start with the First Sergeant).

As I mentioned, this won’t guarantee results, but it will get you in the right direction. Good luck.

]]> By: Nick http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-8957 Nick Thu, 29 May 2008 22:25:57 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-8957 I work at a bank in the loan dept.,and I have a customer who took out a loan to purchase a vehicle. He stopped paying for the vehicle and it was reposessed. I tried to explain to him the remaining balance after the vehicle was sold. At first he pretended to have interest in the repayment to make good with the bank. Now he flat out refuses to repay the loan saying that he feels he shouldnt have to pay this back. After looking over his file, I found out he was in the U.S Army. He completely refuses to cooperate and now he doesnt even answer his phone, Im guessing he is screening his calls to avoid discussing his bill. Is there any way to find out who his supervisor or commanding officer is if they are refusing to put forth efforts in repayment of funds borrowed. What would be the best way to report this kind of negative behavior? to whom would this be of concern? Thank you Nick I work at a bank in the loan dept.,and I have a customer who took out a loan to purchase a vehicle. He stopped paying for the vehicle and it was reposessed. I tried to explain to him the remaining balance after the vehicle was sold. At first he pretended to have interest in the repayment to make good with the bank. Now he flat out refuses to repay the loan saying that he feels he shouldnt have to pay this back. After looking over his file, I found out he was in the U.S Army. He completely refuses to cooperate and now he doesnt even answer his phone, Im guessing he is screening his calls to avoid discussing his bill.
Is there any way to find out who his supervisor or commanding officer is if they are refusing to put forth efforts in repayment of funds borrowed. What would be the best way to report this kind of negative behavior? to whom would this be of concern?
Thank you
Nick

]]> By: Ryan http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-7643 Ryan Mon, 28 Apr 2008 11:18:33 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-7643 Mario, Yes, excessive debt is still punishable by the UCMJ, even if it was caused by your entering into military service. The best recommendation I can give you is to try to get on top of things as soon as possible. If you aren't able to cover your debts, I would begin talking with your supervisor and First Sergeant ASAP. The sooner you get them involved, the more willing they will be to work with your situation. Good luck, and thanks for serving. Mario, Yes, excessive debt is still punishable by the UCMJ, even if it was caused by your entering into military service. The best recommendation I can give you is to try to get on top of things as soon as possible. If you aren’t able to cover your debts, I would begin talking with your supervisor and First Sergeant ASAP. The sooner you get them involved, the more willing they will be to work with your situation. Good luck, and thanks for serving.

]]> By: Mario http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-7630 Mario Mon, 28 Apr 2008 04:31:40 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-7630 According to the post excessive debt is punishable by UCMJ but what if the debt was caused by entering military service. If the situation is to far out of control and you make every effort to pay is it still considered dishonorable and subject to discharge? According to the post excessive debt is punishable by UCMJ but what if the debt was caused by entering military service. If the situation is to far out of control and you make every effort to pay is it still considered dishonorable and subject to discharge?

]]> By: Ryan http://cashmoneylife.com/2007/09/30/military-and-debt/comment-page-1/#comment-1628 Ryan Tue, 02 Oct 2007 23:15:48 +0000 http://cashmoneylife.com/2007/09/30/military-and-debt/#comment-1628 Hi Pinyo, Punishment and getting kicked out of the military is really a worst case scenario. Most supervisors and military leaders try to work with their troops before disciplinary action is taken. However, sometimes the situation is just too far out of control to be dealt with. The military does try to provide education and financial training, but in my opinion, it is limited at best. Hi Pinyo,

Punishment and getting kicked out of the military is really a worst case scenario. Most supervisors and military leaders try to work with their troops before disciplinary action is taken. However, sometimes the situation is just too far out of control to be dealt with.

The military does try to provide education and financial training, but in my opinion, it is limited at best.

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