The counseling fee is about $50, and you can ask for the fee to be waived if you can’t afford it, or to pay it in installments. The credit counseling organization will provide a certificate once you’ve completed the counseling, and you must file it along with bankruptcy paperwork within 15 days after your bankruptcy filing date. Before you actually file for Chapter 7 or Chapter 13 bankruptcy, the court will require you to get a certificate that proves you have gone through credit counseling. The credit counseling certification must be issued by a non-profit credit counseling agency or debt relief company like ACCC that has been approved by the U.S. Trustees Office. To get your certification, you'll need to complete a credit counseling . Receiving a bankruptcy certificate is a required first step in filing for bankruptcy. To receive a certificate, you must complete a credit counseling course from an organization approved by the Department of Justice's U.S. Trustee Program. Once you receive this pre-bankruptcy counseling certificate, then you can file for bankruptcy.
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We're a non-profit organization and debt management center offering a variety of credit counseling and debt management services to consumers nationwide. What is credit counseling certification? Before you actually file for Chapter 7 or Chapter 13 bankruptcy, the court will require you to get a certificate that proves you have gone through credit counseling. The credit counseling certification must be issued by a non-profit credit counseling agency or debt relief company like ACCC that has been approved by the U.
Trustees Office. To get your certification, you'll need to complete a credit counseling session that typically lasts 60 to 90 minutes. Sometimes referred to as a budget briefing, your credit counseling certification session will include an analysis of your current finances, a review of the events that led you to consider bankruptcy, and a discussion of the alternatives to bankruptcy, such as debt management or debt negotiation services. Your credit counselor will also help you create a plan to meet your obligations under bankruptcy without incurring more debt.
When you sign up for online credit counseling certification, you'll need to have the following information on-hand to complete the session:. Here's why you'll want to choose ACCC over other credit counseling and debt reduction companies for your credit counseling certification:. The combination of course material and counselor feedback will teach you all you need to know about budgeting, saving and being prepared for future financial emergencies.
We provide these quickly, unlike some providers who keep you waiting for extended periods of time. Pre-bankruptcy credit counseling certificates are provided instantly upon completion, and pre-discharge debtor education certificates are processed within 24 business hours.
Earn your bankruptcy certificates in our self-paced online program. Choose a service below to get started. The process for receiving a fee waiver is the same for each service. Read more about fee waivers here. Pre-bankruptcy credit counseling takes about one hour. Pre-discharge debtor education, which involves more reading and study, takes a minimum of two hours. Ready to take one of our courses? Here are some other articles you may find helpful while researching about bankruptcy counseling or the bankruptcy process in general.
Shopping for Bankruptcy Counseling and Education. BAPCA is important bankruptcy reform law that took effect in and still has major implications for bankruptcy today.
Trustee Program. Once you receive this pre-bankruptcy counseling certificate, then you can file for bankruptcy. If you decide to file for bankruptcy, then you must complete a debtor education course after filing but before your debts are discharged. Another bankruptcy certificate is issued when you complete the debtor education course. The U. Trustee Program operates in all states, except for Alabama and North Carolina. If you live in either of these states, court officials called Bankruptcy Administrators approve the organizations that provide credit counseling and debtor education courses.
When you enroll in a pre-bankruptcy credit counseling course, allow 60 to 90 minutes to complete the session. During that time you will be counseled on:. You can take these courses in person at an approved credit counselor's office, by phone, or online. If you cannot afford the fee, the organization is required to provide the counseling for free.