The U.S. Trustee's office indicates that you can expect to pay about $ 50 for the average
Credit Counseling Briefing.
The Credit Counseling Briefing must take place before you file for bankruptcy, while you must complete the Debtor Education Course after filing, but before discharge.
Yes,
the Credit Counseling Briefing and the Debtor Education Course are two completely separate programs with separate certificates.
The biggest change the BAPCPA brought was that now there are additional bankruptcy requirements for people seeking bankruptcy (like the debtor education course and
credit counseling briefing).
The Credit Counseling Briefing may be completed in person, over the telephone or via the Internet.
The credit counseling briefing is basically a primer on basic financial management, budget analysis and debt management strategies.
If you have decided to file bankruptcy - regardless of whether you're filing under Chapter 7 or Chapter 13 bankruptcy - you'll first need to obtain
a credit counseling briefing from a certified credit counseling agency.
What is
the credit counseling briefing?
The Required
Credit Counseling Briefing Before you file for bankruptcy protection you must complete this briefing.
The law requires that you receive
a Credit Counseling Briefing from a certified credit counseling agency before filing bankruptcy, regardless of whether you're filing Chapter 7 vs Chapter 13 bankruptcy.
Consumer Education Services, Inc. (CESI) is funded by fees charged for pre-bankruptcy
credit counseling briefings and pre-discharge debtor education courses.
Not exact matches
Brief Description: Cambridge
Credit Counseling, a national, non-profit financial counseling agency, is looking for an entry - level Social Media Coordinator who will be primarily.
Counseling, a national, non-profit financial
counseling agency, is looking for an entry - level Social Media Coordinator who will be primarily.
counseling agency, is looking for an entry - level Social Media Coordinator who will be primarily...... more
In addition, no individual may be a debtor under chapter 12 or any chapter of the Bankruptcy Code unless he or she has, within 180 days before filing, received
credit counseling from an approved
credit counseling agency either in an individual or group
briefing.
You will also have to obtain your «permission slip» (pre-filing consumer
credit counseling certificate) by completing a
brief online course.
(1) Subject to paragraphs (2) and (3), and notwithstanding any other provision of this section, an individual may not be a debtor under this title unless such individual has, during the 180 - day period preceding the date of filing of the petition by such individual, received from an approved nonprofit budget and
credit counseling agency described in section 111 (a) an individual or group
briefing (including a
briefing conducted by telephone or on the Internet) that outlined the opportunities for available
credit counseling and assisted such individual in performing a related budget analysis.