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Debtor Education Course After Filing for Bankruptcy

Sawin & Shea

Since 2005, a debtor education course from an approved provider is mandatory for anyone who files for bankruptcy. Debtor education classes provide customized guidance based on your unique circumstances. Since then, bankruptcy filers have been required to take both a bankruptcy credit counseling course and a debtor education course.

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Why do you need to attend credit counseling before bankruptcy?

Roths Child Law

For this reason, any person declaring bankruptcy (Chapter 7 or Chapter 13), must sign up for a pre-bankruptcy credit counseling and debt education program before their petition can be approved. While credit counseling happens before formally filing for bankruptcy, debtor education happens after filing but before your debts can be discharged.

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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

In order to address this gap, lenders are in a unique position to help provide customers with educational content that not only improves customers’ financial literacy but helps with their own retention and acquisition strategies by building and maintaining customer trust and loyalty.

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DOJ Reaches $1.15 Million Redlining Settlement With American Bank of Oklahoma

Troutman Sanders

Spend at least $100,000 in advertising, community outreach, and consumer financial education programs and credit counseling in the Tulsa MSA. Establish a community-oriented loan production office in a majority-Black and Hispanic census tract in the Tulsa MSA.

Banks 52
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Burr’s Jacqueline Simms-Petredis Joins Bay Area Legal Services’ Development Council

Burr Forman

The Council’s membership consists of 20-25 community-leaders in diverse fields that consist of medicine, real estate, insurance, education, financial services, accounting, media, law, small business, human resources, law enforcement, and ministry. Members are influential leaders with a demonstrated commitment to Bay Area Legal.

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DOJ’s Combatting Redlining Initiative Continues With $9 Million Settlement With Park National Bank

Troutman Sanders

Spend at least $750,000 in advertising, community outreach, and consumer financial education programs and credit counseling in the Columbus area. Establish one new mortgage loan production office and one new full-service branch in majority-Black and Hispanic census tracts in its Columbus area.

Banks 52
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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. State Activities. Privacy and Cybersecurity Activities. For more information, click here.