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Debtor Education Course After Filing for Bankruptcy

Sawin & Shea

Medical bills, credit cards, payday loans, and struggling businesses – it can seem like the letters and calls from creditors will never stop. Bankruptcy filings for both individuals and businesses are on the rise. Since 2005, a debtor education course from an approved provider is mandatory for anyone who files for bankruptcy.

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10 Common Questions About Bankruptcy

Debt Free Colorado

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. The decision to file for bankruptcy is a significant one, and we are here to assist you in determining whether bankruptcy is the best course of action for your circumstances. Do bankruptcies come in different types?

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How Does Credit Counseling Work and Is It Right for You?

Credit Corp

Credit counselors are trained professionals who help individuals and families work to get a handle on their debt so they can lay a stronger financial foundation for the future. How does credit counseling work? It’s also important to do your research to make sure you are working with a legitimate, certified credit counselor.

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Does Debt Relief Hurt Your Credit?

Credit Corp

Credit Counseling Immediate credit impact: None expected Long-term credit impact : None expected A credit counselor is a professional adviser who helps you manage and repay your debt. Counselors may offer free or low-cost consultations and educational materials.

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Need Debt Relief? Here Are Your Options

Debt Guru

Bankruptcy. You’ve probably heard of people filing for bankruptcy but may not understand how it works for individuals who are in debt over their heads. There are two forms of bankruptcy: Chapter 7 bankruptcy is when you go to court and ask that all of your outstanding debt is discharged. Debt Settlement. Debt Management.

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Dos & Don’ts of a Payment Plan

The Kaplan Group

If you or someone you know is struggling with their personal financial situation, we recently published blogs for dealing with collection agencies and lower credit card limits. Your creditors do not want you to go out of business or declare bankruptcy. DO consult with a bankruptcy attorney or credit counselor.

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Credit card debt is surging at a record-high rate

Collection Industry News

Credit counseling agencies offer free or low-cost debt relief services to consumers who are struggling to manage their finances. A credit counselor may help you by: Analyzing your income, expenses and outstanding debts to create a budget. BANKRUPTCY FILINGS CONTINUE TO DECLINE DESPITE SKYROCKETING CREDIT BALANCES.