Credit Counseling Courses for Post-Bankruptcy
Credit counseling courses are the furthest thing from your mind when you are burdened with debt. Instead, you feel overwhelmed. There seems to be no way out. You conclude that filing for bankruptcy is the best alternative. So now you need to begin the process, which entails filling out a lot of paperwork with the help of a bankruptcy attorney.
Before you can file and again before you can have your debts discharged, though, you need to complete bankruptcy education from a non-profit credit counseling agency approved by the Department of Justice’s U.S. Trustee Program.
There are two types of bankruptcy education you need to complete during the bankruptcy process:
- Pre-bankruptcy counseling, scheduled before you file, assesses your financial situation and informs you about bankruptcy and alternatives to bankruptcy. Often other solutions are available that consolidate your bills, reduce the amount of time needed to pay in full, and even lower your interest rates. The counselor’s role during this session is to provide information about the various debt management solutions that are available but not to make recommendations for or against bankruptcy.
- Post-bankruptcy debtor education – also known as debtor education — is a short course required before your debts are discharged. Like the pre-bankruptcy session, these credit counseling courses are delivered by credit counseling agencies approved by the Department of Justice. These credit counseling courses provide information on how to manage your personal finances and avoid falling back into deep debt.
What to Expect from Post-Bankruptcy Credit Counseling Courses
American Consumer Credit Counseling (ACCC) is approved by the Department of Justice to administer post-bankruptcy credit counseling courses. The course that we offer costs $39, takes about two hours, and can be over the phone, or online. The goal of the course is to provide you the tools and information you need to stay out of debt after bankruptcy.
Are You Looking for Credit Counseling Courses?
If you have filed for bankruptcy already and need to complete a credit counseling course, call ACCC for information about our post-bankruptcy debtor education course. Our professionally trained, certified credit counselors are standing by to answer your questions.
ACCC is one of the leading non-profit debt consolidation companies with more than 22 years of experience. As an accredited member of the Better Business Bureau with an A+ rating, our commitment to customer service shines.
Also take a look at our free money management tips and information in the Financial Education pages of our website. Topics include homeownership, paying off credit cards, student loans, and talking to your children about managing money.