SSG(P) Private RallyPoint Member6788455<div class="images-v2-count-0"></div>I have a NCO that needs to be counseled on the importance of financial responsibility and want to be thorough as possible. Stating the consequences from the regulations should, I hope, wake him up.Looking for the current regulation(s) dealing with indebtness, any ideas on where to start?2021-03-02T08:52:12-05:00SSG(P) Private RallyPoint Member6788455<div class="images-v2-count-0"></div>I have a NCO that needs to be counseled on the importance of financial responsibility and want to be thorough as possible. Stating the consequences from the regulations should, I hope, wake him up.Looking for the current regulation(s) dealing with indebtness, any ideas on where to start?2021-03-02T08:52:12-05:002021-03-02T08:52:12-05:00SFC Casey O'Mally6788607<div class="images-v2-count-0"></div>I am not sure about regulations, honestly. As far as I know, there is no rule against being in debt. I think the real problem you are looking at is not debt, per se, but paying the debt. I was almost $300,000 in debt when I left the service - two mortgages and two cars, and a wedding ring. There were no issues because everything was being paid on time with no worries about paying the other bills (electric, gas, etc.).<br />When looking at the consequences of not paying debt, you can look at Article 134, which can be utilized for a Soldier failing to honor their debt commitments. Further AR 600-15 does cover indebtedness. But please be aware, it also covers Command actions regarding that indebtedness. There are things you cannot do (like provide debt collectors information).<br />Additionally, if the Soldier has a clearance (and most MOSs have at least a SECRET these days) you can start by addressing how it will (or could) affect his clearance.<br />Additionally, I would make sure to set that Soldier up with ACS. Every post I have been to, ACS has a financial counselor who can help work through getting back on a good footing.<br /><br />Final word of advice on this is that I would strongly recommend approaching this as a team effort and a correctional (let's fix this) attitude than a punitive or coercive attitude. Many MANY Soldiers get in over their head by making poor financial decisions. We shouldn't immediately jump to a "you dun fucked up," but rather a "ooh, it looks like things got out of hand. Let's look at what we can do to help you get back where you need to be."Response by SFC Casey O'Mally made Mar 2 at 2021 10:06 AM2021-03-02T10:06:43-05:002021-03-02T10:06:43-05:002021-03-02T08:52:12-05:00