About Bankruptcy’s Credit Counseling Post-Filing Requirements

Don’t let the stigma of bankruptcy keep you from solving your financial problems! The experienced South Florida defense attorneys at Loan Lawyers are here to help you if your financial position necessitates the consideration of a bankruptcy case filing under Chapter 7, 11, or 13. To schedule a free consultation at any of our three conveniently located offices, contact Loan Lawyers today.

One of the purposes of the bankruptcy counseling and debtor education requirements was “anti-recidivist” in that it aims to reduce the likelihood of a bankruptcy debtor making a return visit to bankruptcy court.

After a bankruptcy case has been filed and before the bankruptcy court issues a discharge order, debtors are required to complete an approved course on consumer debt. These cases are often referred to as “providers or personal financial management instructional courses.” Upon completion of a U.S. Trustee-approved counseling and education programs, prospective debtors will be issued an authenticated certificate to file with the court.

These personal financial management courses usually cover the following:

• Development of a budget;
• Responsible use of credit; and
• Money management.

Like pre-bankruptcy credit counseling, these debtor education courses may be taken in person, over the telephone, or online. These classes usually take about two hours to complete and cost between $50 and $100, but the fee may be waived for debtors with qualifying circumstances.

At Loan Lawyers, our South Florida consumer rights and debt defense attorneys help individuals with problems related to the payment of their debts. The experienced South Florida defense attorneys at Loan Lawyers are here to help you if your financial position necessitates the consideration of a bankruptcy case filing under Chapter 7, 11, or 13. To schedule a free consultation at any of our three conveniently located offices, contact us today by calling (888) FIGHT-13 (344-4813).