Which Credit Counseling Course Should I Choose?
By Andy Miofsky, Illinois Bankruptcy Attorney on May 24, 2007 in Bankruptcy Practice and Procedure, General Bankruptcy Information, Illinois
As of October 17, 2005, each debtor filing a new voluntary bankruptcy case must comply with Section 109 describing who may be a debtor.
Commonly known as the “credit counseling” requirement, this section requires that a debtor must have received a briefing, from an approved agency, that outlined the opportunities for credit counseling and assisted the individual in performing a related budget analysis before the debtor files bankruptcy.
Over the past year and half, I have become familiar with two such agencies, each approved to provide the required counseling program. These agencies are:
Institute for Financial Literacy, Inc.
www.financiallit.org
1-866-662-4932
and
Hummingbird Credit Counseling and Education, Inc.
www.hbcce.org
1-800-645-4959
Both agencies offer convenient internet or toll-free telephone service. My clients have satisfactorily completed programs with both companies.
If you liked that post, then try these...
Do I Have To Pay Interest On My Unsecured Debt In Bankruptcy? by Andy Miofsky, Illinois Bankruptcy Attorney
What Do Aloha Airlines And You Have In Common? by Carmen Dellutri, Attorney at Law
Will My Retirement Account Be Taken In Bankruptcy? by Michael G. Doan, San Diego Bankruptcy Attorney
You must be logged in to post a comment.