AFFARS MP5342.902

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Mandatory Procedure

MP5342.902
Bankruptcy

January 2004

MP5342.902 Bankruptcy Procedures.

(a) When an office (typically contracting, financial management, or legal) first learns of bankruptcy proceedings that may involve or affect the Air Force, that office shall as a minimum provide notice to its supporting contracting, financial management, and legal offices. Once the contracting office and legal office are notified, they must work as a team to carry out the following responsibilities:


(b) The CO and supporting attorney shall consult AFLSA/JACN prior to taking any of the following actions regarding the debtor/contractor:

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