Credit counseling and Debtor Education
by Christina Bennett on July 12, 2010
in nashville attorney
The Necessary Items for Credit Counseling and Debtor Education Courses
Image: Michelle Meiklejohn / FreeDigitalPhotos.net
In 2005, Congress began requiring debtors seeking bankruptcy relief to complete a credit counseling course in order to file for bankruptcy. In addition, a debtor must complete a debtor education class on financial management before discharge. These classes can be completed online, in person, or over the telephone. I like to give my clients the complete listing of the approved agencies in Middle Tennessee to let them find a the most cost-effective one. Some courses are priced at $50, while others are only $11. It is worth the time to shop around online for the best deal.
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