» Credit Counseling Required 6 Months Before Filing Bankruptcy

Credit Counseling Required 6 Months Before Filing Bankruptcy

Brandon, FL (Law Firm Newswire) April 26, 2012 - To protect creditors from bankruptcy abuse, it is mandatory for people going into bankruptcy to go through credit counseling about six months before filing.

The credit counseling has to be valid in the bankruptcy court, so it is important to research the requirements to make sure the counseling meets the criteria.

“The bankruptcy petition will likely be thrown out if the credit counseling was not done correctly,” said Brandon bankruptcy attorney Reginald Osenton. “Make sure to use a pre-approved counseling agency, and get it done as soon in the process as possible because there will be a 180-day wait until the filing can happen after that.”

The U.S. Department of Justice has a Trustee Program that approves credit-counseling agencies. Approved agencies are nonprofit organizations that meet the trustees requirements for educating clients.

The Justice Department’s Trustee Program can be found and researched online at http://www.justice.gov/ust/index.htm.

A credit counseling session can be as brief as an hour and can be completed online, over the phone or in person. Most counselors change for their services, but there are options to get the service free of charge, too. Debt relief is not always achieved with credit counseling.

“The smartest thing to do is to talk to a bankruptcy attorney first,” Osenton said. “An attorney’s experience pays off as people try to find the best way through their situation. Credit counseling is an important part of the process. There is a good reason why the justice department wants people to go through it, and it is important for that part of the process to be regulated.”

To learn more or to contact a Brandon family law attorney or a Brandon divorce attorney, visit http://www.brandonlawoffice.com.

Osenton Law Office, PA
500 Lithia Pinecrest Road
Brandon, Florida 33511
Call: (813) 654-5777

  • Special Limits on Wage Garnishment
    In a previous blog post, http://www.brandonlawoffice.com/2016/06/heres-how-much-of-your-wages-can-be-garnished-to-pay-your-debts, we covered the broad limitations that federal and state laws place on wage garnishment. Wage garnishment is when a creditor sues you to have part of your income diverted directly to them to pay your debts. There are certain general limitations on how much of your income may be […]
  • Here’s how much of your wages can be garnished to pay your debts
    If you do not pay your debts, your creditors may try to take a portion of your income directly from your employer. This is called wage garnishment. Fortunately, there are limits to how much of your income may be garnished so that you can hopefully keep paying your basic living expenses. The limits are based […]
  • Another family law reform bill falls to Gov. Scott’s veto pen
    Florida Gov. Rick Scott vetoed a contentious bill that would have reformed the state’s alimony system and altered rules on child custody in divorces. The bill would have required judges in divorce proceedings to adopt a premise for approximately equal time-sharing of children between spouses. Judges could adjust the split based on 20 factors listed […]

See other news sources publishing this article. BETA | Tags: , , , , , , , , ,

Get headlines from Law Firm Newswire sent right to your inbox.

* indicates required