Credit Counseling for Bankruptcy
About Credit Counseling
The BAPCPA also required individuals to under go credit counseling with
a credit agency that is approved by the United States Trustee's Office
prior to filing for
Chapter 7 or
Chapter 13 Bankruptcy.
The goal of credit counseling course is to provide information about avoiding
debt accumulation, create a repayment schedule or give advice to eliminate
the need to file for bankruptcy.
All repayment plans and evidence of completing the credit counseling class
must be submitted to the bankruptcy court prior to filing for Chapter
7 or Chapter 13 Bankruptcy.
Individuals must also complete another credit counseling course to learn
financial management prior to the discharge of debt under their bankruptcy
plan. Evidence of the credit counseling completion must also be submitted
to the bankruptcy court before the dismissal of debt under the bankruptcy process.
For more information call us at 866-210-1722 or fill out the form below.