In 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) was passed and changed several aspects of the bankruptcy process. One of the new criteria created for Chapter 7 or Chapter 13 debtors was the requirement that debtors attend and complete credit counseling courses. You must attend a course (either in person or online) before your case is filed and a second course before your discharge order will be entered.
There are certain credit counseling courses that have been approved by the bankruptcy court that provide the required credit counseling. You must complete the initial course within 180 days before your bankruptcy is filed. This class typically includes an overview of your financial circumstances and a discussion regarding other debt relief options other than bankruptcy. You may also work to create a budget. Once you have finished this class, you will receive a certificate of completion that must be submitted to the bankruptcy court, typically when you file your bankruptcy petition.
Before you can receive your discharge order, you must also complete a course that covers managing your debt and budgeting tips. This course is designed to help you with your fresh financial start granted by your discharge of debt. You must file a certification of completion of this course with the court. You will not receive your discharge of debt until you have filed your certificate of completion. If you do not complete this course in the time allotted by the court, your case will be dismissed.
To locate the approved providers of these credit counseling courses in your area, visit the United States Trustee’s website at www.usdoj.gov/ust or contact DeLadurantey Law Office, LLC for help.
Contact The “Milwaukee Bankruptcy Attorneys,” DeLadurantey Law Office, LLC. DeLadurantey Law Office focuses on Chapter 7 and 13 bankruptcy, debtor’s rights, debt negotiations, debt relief, mortgage loan modifications, and foreclosure defense. A “defender of the little guy, “DeLadurantey Law Office serves the following location – Milwaukee, South Milwaukee, West Milwaukee, Waukesha City, Waukesha Town, Kenosha, Racine, and all other municipalities in Milwaukee County, Waukesha County, Kenosha County, and Racine County. We can be contacted by phone: (414) 377-0518 and can be found on the Internet and on Facebook.